Wed, 22 Aug 2018 17:40 IST
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Blue Chips Just Close to a Five-Year High

New York, August 18 ( – Being away from an attainable five-year high by just few points, stocks of Blue Chips ended on trading day that was full of uncertainty. This is all because of final augmentation wherein by almost four points from the maximum level after December 2007, the Dow Jones Industrial Average closed the day at 13275.20.

Apart from just trading in a range of 36.47 points, the Dow also summated 25.09 points. By approximately 15 points, Dow was up in little span of time driven by the late rally. Being one point off its multi-year peak, the 500-stock index of Standard & Poor grew by 2.65 points, or say 0.2 percent, to 1418.16. In addition, by 14.20, or say 0.5 percent, The Composite Index of NASDAQ also scaled to 3076.59.

For the week, Standard & Poor grew by 0.9 percent and 0.5 percent was added by the Dow. Reaching at lowest closing price ever, shares of Facebook Inc (NASDAQ: FB) skidded to 19.05 by 82 cents, or say 4.1 percent. The JM Smucker Company (NYSE: SJM) jumped to 82.96 by 3.99, or 5.1 percent and ANN Inc (NYSE: ANN) jumped to 33.89 by 5.75, or 20 percent. Furthermore, Marvell Technology Group (NASDAQ: MRVL) dropped to 10.54 by 1.74, or 14 percent.