Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Dow Breaks Losing Streak, Notches 66-Point Gains

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

In the new age of computer-dominated trading, the occasional glitch is proving to be an accepted fact of life on Wall Street. The Nasdaq Composite halted trading for more than three hours Thursday as a technical malfunction that disabled real-time quotes was fixed. But as trading finally resumed in the late afternoon, the Nasdaq continued to rise, and the Dow Jones Industrial Average (DJINDICES: ^DJI  ) ended a six-day losing streak, gaining 66 points, or 0.4%, to end at 14,963.

Microsoft (NASDAQ: MSFT  ) shares, which stopped trading as the exchange's technical problems were remedied, ended the day up 2.5%. The tech mainstay earned a "buy" rating from research outfit Nomura Securities, which cited the potentially positive influence of a San Francisco-based activist hedge fund with a stake in the company. The fund, ValueAct, is reportedly seeking a position on the board of directors, a move that Nomura believes could catapult shares higher if share buybacks or higher dividends gain advocacy. 

Alcoa (NYSE: AA  ) , which dropped 2% yesterday, bounced back today, adding 2.4% as metals prices advanced. Aluminum has declined in price from more than $0.90 per pound at the beginning of the year to $0.84 per pound today, a fall mimicked by Alcoa's stock price, which is down more than 7% this year. 

Johnson & Johnson (NYSE: JNJ  ) , the largest publicly traded health-care company in the world, lost 0.6% Thursday. With just one in five blue chips ending in the red today, that earned the esteemed company a spot as one of the Dow's worst daily performers, though very little changed in terms of J&J's long-term outlook. The company did just complete a $1 billion acquisition of Aragon Pharmaceuticals, which makes an exclusive prostate cancer drug that's growing sales quickly -- not exactly a bearish acquisition on the face of it!

Lastly, Hewlett-Packard (NYSE: HPQ  ) shares plummeted 12.5% Thursday, as Wall Street showed its utter displeasure with the company's quarterly report yesterday. Unfortunately -- and as the severe decline may indicate -- Wednesday's developments may actually have long-term implications for HP investors. HP is trying to refocus its business, shifting from a PC-centric business model to a more enterprise-focused structure. Not only did HP disappoint on earnings, but it emphasized its own failure to succeed in the enterprise arena thus far, reassigning the longtime leader of that segment elsewhere.

The tech world has been thrown into chaos as the biggest titans invade one another's turf. As HP is finding out the hard way, PCs are no longer as relevant as they used to be. What's at stake now is the future of a trillion-dollar revolution: mobile. To find out which of these giants is set to dominate the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate and give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2607062, ~/Articles/ArticleHandler.aspx, 10/1/2016 12:07:08 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 14 hours ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 5:01 PM
^DJI $18308.15 Up +164.70 +0.91%
AA $10.14 Up +0.18 +1.81%
Alcoa CAPS Rating: ***
HPQ $15.53 Up +0.14 +0.91%
HP CAPS Rating: ***
JNJ $118.13 Up +0.86 +0.73%
Johnson and Johnso… CAPS Rating: *****
MSFT $57.60 Up +0.20 +0.35%
Microsoft CAPS Rating: ****