Dow Loses 20, NASDAQ Up 10 on a Mixed Day for the Markets
Sector Up 11% On Another Great Day For Health Services.
Salesforce, Adobe Growing As Companies Upgrade Their Backend. CRM software provider Salesforce (CRM) saw a surge in their stock price today on news that the company is seeing widespread adoption among mid-sized businesses. Their share price grew by 7.37 points, or 11.72%, to end the day at 70.24. Adobe (ADBE), which powers much of the legal and creative world with a range of software solutions, gained 0.89 points to close at 78.96 per share.
Avago Technologies Spikes On Positive Earnings Report. Avago Technologies (AVGO), a semiconductor manufacturer, lead the Dow in growth today. The company's share price shot up 16.56 points to finish the day at 129.24.
Oil and Natural Gas Both Fall Today. In commodities trading today, both oil and natural gas prices fell. Light, sweet crude oil was down $2.82 per barrel, to end the day's trading at $48.17. Natural gas fell even further, losing -5.77% of its value, or -$0.16, to end the day at $2.70 per million BTUs. The price of a gallon of unleaded gas dropped just over a penny to $1.90.
Dollar Grows Stronger vs. Foreign Currency. The US Dollar continued to grow stronger against most international currencies today. It added 0.49% versus the British Pound, 0.18% against the Euro, outpaced the Australian Dollar by 0.69%, and grew against the Japanese Yen by 0.10%. The US Dollar lost ground slightly versus the Mexican Peso and Chinese Yuan, with the Peso gaining 0.12% and the Yuan growing by a scant 0.07%.
Published on Feb 26, 2015By Aaron Phillips