Tech stocks proved the day's overall losers. Our InformationWeek 100 fell half a point.
News of terror attacks in Saudi Arabia contrasted with strong manufacturing growth and a rise in construction spending created a jittery, seesaw trading session Tuesday. The major indexes all finished slightly higher for the day.
An attack on foreign oil workers in Saudi Arabia, the only OPEC nation with excess production capacity, killed 22 people and caused crude-oil prices to spike again, up $1.87, to $41.75.
Tech stocks proved the day's overall losers. Our InformationWeek 100 fell half a point, or 0.2%, to close at 318.64. The Nasdaq Composite Index managed to end higher, however, rising 4.03 points, or 0.2%, to 1,990.77. The Dow Jones industrial average rose 0.1%, or 14.2 points, to close at 10,202.65, and the S&P 500 rose 0.56 of a point, or 0.05%, to wind up at 1,121.24
The Nasdaq-100 tracking stock fell 4 cents, or 0.1%, to $36.51 on lighter-than-average trading volume of nearly 90 million shares.
See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."