Stock Market
Market Outlook
The popular stock market averages closed narrowly mixed on Friday as weekly options expired before a three-day weekend. The interest rate for 10-yr treasury notes closed lower. The price closed up for gold and down for crude oil.
January consumer prices rose 0.2% and 2.4% year-over-year. Both figures were a tick below expectations.
Semiconductor firm Applied Materials (AMD +8.1%) rose following a strong earning report and optimistic outlook. Conversely, internet search firm Pinterest (PINS -16.8%) plummeted after a softer than expected earnings report and weak outlook.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
January consumer prices rose 0.2% and 2.4% year-over-year. Both figures were a tick below expectations.
Semiconductor firm Applied Materials (AMD +8.1%) rose following a strong earning report and optimistic outlook. Conversely, internet search firm Pinterest (PINS -16.8%) plummeted after a softer than expected earnings report and weak outlook.
Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
