US stock market report – Amazon & Apple stock in focus
US markets commenced the week strongly, led by gains in the technology sector, which finished 1.4% higher on Monday.
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Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) is the parent company for Google Inc, Waymo, Nest, Verily and — literally — a company for every letter of the Alphabet. Under the Alphabet banner there are more than six products or services that reach one billion active users, such as Google Drive, Search, Maps, Android and more.
US markets commenced the week strongly, led by gains in the technology sector, which finished 1.4% higher on Monday.
Both the Dow Jones and S&P 500 finished the week at record highs, while the Nasdaq reversed some recent losses to push higher on Friday.
The Dow Jones finished 0.3% higher on Wednesday, reaching another record as the Nasdaq continued its sell-off, falling 0.4%.
US stock markets weakened overnight as earnings season gathered steam. Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) are in the news.
US markets snapped their winning streak overnight, the Nasdaq falling 1% with little in the way of news being released to start the week.
Both the S&P 500 and Dow Jones finished the week at record highs, jumping 0.4% and 0.5% respectively on Friday. Here’s the latest.
The S&P 500 and Nasdaq 100 rose 0.3%. A rally in Apple (NYSE:AAPL) stock and Alphabet (NYSE: GOOGL) stock drove the market.
Vanguard US Total Market Shares Index ETF (ASX:VTS) is an exchange-traded fund (ETF) that could be one of the best long-term options.
The Lendlease Group (ASX: LLC) share price closed 1.35% lower on Monday after the property and infrastructure group released its first-half FY21 financial results.