The Dow Jones Industrial Average, the S&P 500, and the Nasdaq all fell Friday. The Dow dropped more than 100 points at one point in mid-day trading before recovering a bit. But there did not appear to be a clear reason for the sell-off.
Stock market trading is typically muted in August.
But even with the major indexes all shedding about 1% this week, the market hasn't lost all that much momentum. Stocks have still gained between 18% and 23% in 2013.
Can Priceline top $1,000? Even though the broader market wasn't doing much, there were several high-profile stocks on the move. Priceline.com ( shares moved closer to $1,000. The online travel company posted quarterly earnings Thursday that beat expectations. )
Traders on StockTwits see room for quick profits in the online travel company.
J.C. Penney (Fortune 500) shares fell more than 7%, one day after gaining 7%. Activist investor , Bill Ackman wants a new CEO, and in a letter, stated how worried he is about the health of the company.
Traders are terrified about the retailer's prospects.
Shares of BlackBerry ( surged, after Reuters reported that the Canadian smartphone company is looking for a buyer to )take it private.
Still not everyone was sure that the BlackBerry rally had staying power.
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.37%||4.31%|
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