Tag: United Parcel Service Cl B

These Are Some of the Stocks Leading the Market’s Year-End Rally
World

These Are Some of the Stocks Leading the Market’s Year-End Rally

Updated Nov. 24, 2023 2:06 pm ETListen to article(1 minute)Big tech stocks led much of this year’s rally. Now the rest of the market is rushing in.Several beaten-down corners of the stock market are rebounding to help drive a surge that has lifted the S&P 500 by 3.3% since mid-November and 19% for the year. Among the biggest gainers: sectors that had been bruised by higher interest rates and recession fears. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
These Are Some of the Stocks Leading the Market’s Year-End Rally
Money

These Are Some of the Stocks Leading the Market’s Year-End Rally

Updated Nov. 24, 2023 2:06 pm ETListen to article(1 minute)Big tech stocks led much of this year’s rally. Now the rest of the market is rushing in.Several beaten-down corners of the stock market are rebounding to help drive a surge that has lifted the S&P 500 by 3.3% since mid-November and 19% for the year. Among the biggest gainers: sectors that had been bruised by higher interest rates and recession fears. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G
Money

Warren Buffett’s Berkshire Hathaway Sheds Investments in GM, J&J and P&G

Warren Buffett’s Berkshire Hathaway eliminated its stake in a handful of American blue chips, including General Motors and Johnson & Johnson, while the stock market’s rally sputtered in the third quarter.The company also sold off smaller positions in Procter & Gamble, Mondelez International and United Parcel Service, while trimming its investments in Amazon.com, Chevron and HP, among others.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tech Selloff Intensifies, Pulling Down Nasdaq
Money

Tech Selloff Intensifies, Pulling Down Nasdaq

A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year. The tech-heavy index dropped 1.8%, while the S&P 500 shed 1.2%. The Dow Jones Industrial Average declined around 250 points, or 0.8%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8