Wall Street rises while Standard & Poor's posts quarterly losses
The Dow and the Standard & Poor's rose while the Nasdaq composite index fell today, and the Standard & Poor's 500 closed the first quarter of this year with its largest quarterly decline since the Covid-19 pandemic reached its climax in the United States, with prices rising due to the Russian invasion of Ukraine. Apple Inc shares fell 0.78% after JPMorgan removed the stock from its analyst focus list along with Qualcomm (QCOM.O) shedding 5.12%, and GameStop Corp. (GME.N) shares shedding 1.47%.
The Dow Jones Industrial Average rose 101.13 points, or 0.29%, to 34779.48 points, and the Standard & Poor's 500 Index rose 4.65 points, or 0.10%, to 4,535.06 points, while the Nasdaq Composite Index decreased 7.58 points, or 0.05%, to 14,212.94 points.