View this post on Instagram Stocks rallied Friday, capping off a winning week and giving investors a basket of new milestones to celebrate. The S&P 500, which sailed into record territory on Tuesday, rose 0.35% while the Nasdaq Composite gained 0.42%, both registering a fourth straight week of gains. The Dow Jones Industrial Average, meanwhile, on Friday rose 190 points or 0.69% but still posted a modest decline for the week. Tesla drove into record territory in the final trading day for investors to buy shares and be eligible for the upcoming 5-for-1 stock split that will take place at the close of business on Aug. 28. The electric-car maker finished the week with a $382 billion market capitalization, bigger than Walmart. Go to the link in our bio for more on today's market close.A post shared by Fox Business (@foxbusiness) on Aug 21, 2020 at 2:00pm PDT
Stocks rallied Friday, capping off a winning week and giving investors a basket of new milestones to celebrate. The S&P 500, which sailed into record territory on Tuesday, rose 0.35% while the Nasdaq Composite gained 0.42%, both registering a fourth straight week of gains. The Dow Jones Industrial Average, meanwhile, on Friday rose 190 points or 0.69% but still posted a modest decline for the week. Tesla drove into record territory in the final trading day for investors to buy shares and be eligible for the upcoming 5-for-1 stock split that will take place at the close of business on Aug. 28. The electric-car maker finished the week with a $382 billion market capitalization, bigger than Walmart. Go to the link in our bio for more on today's market close.
A post shared by Fox Business (@foxbusiness) on Aug 21, 2020 at 2:00pm PDT
View this post on Instagram Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%. The July surge in home sales reported Friday by the National Association of Realtors marked the second straight month of accelerating purchases. The back-to-back increases have helped stabilize the home buying market, which all but froze early this spring when the viral pandemic erupted across the United States. Go to the link in our bio for more on this story.A post shared by Fox Business (@foxbusiness) on Aug 21, 2020 at 12:46pm PDT
Spurred by ultra-low mortgage rates, home buyers rushed last month to snap up a limited supply of existing houses, causing the pace of purchases to jump by a record-high 24.7%. The July surge in home sales reported Friday by the National Association of Realtors marked the second straight month of accelerating purchases. The back-to-back increases have helped stabilize the home buying market, which all but froze early this spring when the viral pandemic erupted across the United States. Go to the link in our bio for more on this story.
A post shared by Fox Business (@foxbusiness) on Aug 21, 2020 at 12:46pm PDT
