Tuesday Nov 5, 2024
Tuesday Nov 5, 2024

Stocks open mixed as tech gains offset losses elsewhere


Nepalnews
2022 Apr 07, 19:48, Wall Street
A woman walks past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Thursday, April 7, 2022. Asian shares tracked a retreat on Wall Street after details from last month’s Federal Reserve meeting showed the central bank plans to be aggressive in fighting inflation. (AP Photo)

Stocks are off to mixed start on Wall Street as several major technology stocks rose even as many other parts of the market were in the red. The S&P 500 was holding on to a tiny gain of 0.1% in the early going Thursday, but it’s still down for the week as it comes off two big losses. The tech-heavy Nasdaq was up 0.3% and the Dow Jones Industrial Average of 30 blue chip companies was down 0.2%. HP soared 15% after Warren Buffett’s Berkshire Hathaway disclosed an 11% stake in the company. Crude oil prices were up 1%

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