Blame it on a) terrorism worries; b) economic-turnaround doubts; c) gas prices; d) all of the above.
Continued worry about the possibility of new terrorist attacks, doubts about the economic turnaround, and unease as gas prices reach all-time highs made for a volatile day of trading Tuesday. While our indexes began with an upswing, they ended slightly down.
Winning the day was our InformationWeek 100, which rose 0.3%, or 0.93 of a point, to close at 308.84. The Nasdaq fell 0.4%, or 8.1 points, to close at 1,901.8. The Dow and the S&P 500 also sank under late sell-offs. The Dow fell 1.11 points, or 0.01%, to close at 10,063.64, and the S&P 500 fell 1.45 points, or 0.1%, to 1,093.95.
The Nasdaq-100 tracking stock ended in the red, falling 28 cents, or 0.8%, to $34.03 on heavy volume of nearly 126 million trades.
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 August 21, 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."