Tag: closes
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Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time
The S&P 500 and Dow Jones Industrial Average powered to new highs on Friday and capped off a winning week as banking behemoths ushered in a promising start to the third-quarter earnings season. The broad index gained 0.6% to end at 5,815.03, while the Dow rallied 409.74 points, or nearly 1%, to finish at 42,863.86. The Nasdaq Composite added 0.3% to…
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Colorado’s only lesbian bar closes its doors
The sole lesbian bar in Colorado, Blush & Blu, hosted its final party on Saturday night after announcing it would close its doors. In a farewell note posted on Sept. 28, owner Jody Bouffard thanked “every promoter, performer, DJ, drag queen, drag king, comedian, poet, and artist” who contributed at Blush & Blu, calling them the…
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Dow closes at record high after blow-out jobs report
Stocks advanced on Friday after an expectation-defying jobs report gave investors confidence around the health of the economy. The S&P 500 rose 0.9% to 5,751.07, while the Nasdaq Composite jumped 1.22% to 18,137.85. The Dow Jones Industrial Average added 341.16 points, or 0.81%, to notch an all-time closing high of 42,352.75. Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in…
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OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round
OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. While OpenAI didn’t name the investors in Wednesday’s press release, a person with knowledge of the matter said the round was led by Thrive…
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Nepal closes schools as heavy rains kill more than 150
Nepal has shut schools for three days after landslides and floods triggered by two days of heavy rain across the Himalayan nation killed 151 people, with 56 missing, officials said on Sunday. The floods brought traffic and normal activity to a standstill in the Kathmandu valley, where 37 deaths were recorded in a region home…
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Tallahassee prepares for ‘historic event’ as Helene closes in on Florida
TALLAHASSEE, Fla. — Residents of Florida’s capital prepared to evacuate their homes and stocked up on sandbags, food and supplies Wednesday as Hurricane Helene sped toward the Gulf Coast as what the city’s mayor said could be the “strongest hurricane in recorded history ever to hit” the Tallahassee area. Helene was forecast Wednesday evening to…
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Trump Media closes at a new 52-week low, as Dow finishes week at record high
Shares of Trump Media fell to a new 52-week low Friday, closing down 7.82%, at $13.55 per share, just one day after “lockup” restrictions expired, which had previously prevented its majority shareholder, former President Donald Trump, and other early investors from selling their shares. Trading volume was heavier than average on Friday, with nearly 20 million shares changing hands before…