TECH STOCKS: Another 52-Week High - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Other

TECH STOCKS: Another 52-Week High

Wall Street closed for the holiday weekend with solid gains across our indexes, and with the Nasdaq index chalking up its highest finish in a year.

Wall Street closed for the holiday weekend with solid gains across our indexes, and with the Nasdaq index chalking up its highest finish in a year.

The Chicago Purchasing Managers Index, a closely watched gauge of manufacturing-sector health, showed a 15-month high score of 58.9 for August. That was enough to ignite buying, and the Nasdaq rose 10.4 points Friday to close at 1,810.45, a gain of 0.6% for the day and 2.6% for the week. Our InformationWeek 100 rose 1.35 points Friday to close at 278.71, a gain of 0.5% for the day and 3.4% for the week.

The Nasdaq-100 index tracking stock surpassed its 52-week high at one point on Friday, but closed at $33.34, just three cents short of the mark. The tracking stock gained a quarter of a cent since Thursday, closing up 0.76% for the day and 2.62% for the week.

The S&P 500 had a good run for the week, rising 5.19 points, to 1,008.01, a gain of 0.5% for the day and 1.5% for the week. The Dow Jones rose 41.61 points Friday, a gain of 0.4% for the day and 0.7% for the week.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
Think Like a Chief Innovation Officer and Get Work Done
Joao-Pierre S. Ruth, Senior Writer,  10/13/2020
Slideshows
10 Trends Accelerating Edge Computing
Cynthia Harvey, Freelance Journalist, InformationWeek,  10/8/2020
News
Northwestern Mutual CIO: Riding Out the Pandemic
Jessica Davis, Senior Editor, Enterprise Apps,  10/7/2020
Register for InformationWeek Newsletters
Video
Current Issue
[Special Report] Edge Computing: An IT Platform for the New Enterprise
Edge computing is poised to make a major splash within the next generation of corporate IT architectures. Here's what you need to know!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll