Markets closed relatively flat, unable to capitalize on news that the third-quarter gross domestic product was revised upward.
Markets closed relatively flat, unable to capitalize on news that the third-quarter gross domestic product was revised upward, to 8.2%, from earlier estimates of 7.2%. The consumer confidence index also rose to 91.7, compared with 81.7 a month ago, according to the Conference Board.
Our InformationWeek 100 index fared better than the Nasdaq did Tuesday. The InformationWeek 100 rose 0.22 points, or 0.07%, to 306.6. The Nasdaq fell 4.1 points, or 0.2%, to close at 1,943.04. The Dow rose 16.15 points, or 0.17%, to close at 9,763.94, while the S&P 500 rose 1.81 points, or 0.17%, to finish the day at 1,053.89.
The Nasdaq-100 tracking stock closed at $35.14, down nearly 4 cents, or 0.11%, on lower-than-average volume of 71 million shares.
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 September 18, 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."