Dow posts all-time closing high, Nasdaq dips as Snap shares drop by record

Stocks were mixed on Friday as investors digested new commentary on asset-purchase tapering and inflation from Federal Reserve Chair Jerome Powell, amid a slew of fresh earnings reports from major…

Here’s what history says about the Nasdaq Composite’s near-term returns after closing below its 200-day moving average

The Nasdaq Composite Index notched its first close below a closely watched, long-term trend line since April of 2020, and investors may be wondering how the benchmark tends to perform…