Stock market today, June 27, 2014: The Dow Jones Industrial Average today (Friday) will open following a dip across U.S. markets in the last trading session on news of weaker consumer spending and bad inflation data.
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Action-camera company GoPro Inc. (Nasdaq: GPRO) released more information about its upcoming IPO on Wednesday, stating the company plans to raise up to $427.2 million in the deal. That would give GoPro a valuation of approximately $3 billion.
In today's regulatory filing, the company said that an IPO price range of $21 to $24 per share has been set.
Stocks today were all up – the Dow Jones Industrial Average hit a new intraday high and the Standard & Poor's 500 Index hit its 16th record high of the year.
Stock market today, May 23, 2014: The Dow Jones Industrial Average increased on Thursday on positive news in the housing market. Data from the National Association of Realtors indicated a 1.3% increase in home sales in April. This is the first increase of the year.
Wall Street news today, May 20, 2014: The Dow Jones Industrial Average was up on Monday despite the fact that a megadeal between the world's leading drug companies fell through. Tech and small-cap stocks saw the strongest performances on the day.