Markets, VMware up at close of trading

Palo Alto’s VMware Inc. (VMW) jumped more than 9.4 percent by the close of trading Tuesday, making it the biggest mover among local stocks tracked by the Examiner. Foster City’s Gilead Sciences Inc. (GILD) also rose, ending more than 6.2 percent higher.

On the downside, San Jose-based SunPower Corp. (SPWR), declined by more than 2.4 percent and chip maker Advanced Micro Devices Inc. (AMD) fell more than 0.7 percent.

The markets closed on an up note today, with the Dow Jones rising more than 1.6 percent, or 215 points, the Nasdaq more than 1.5 percent and the S&P 500 more than 1.4 percent.

Local companies in the news this afternoon included Mountain View-based Google Inc. (GOOG), which is expected to offer increased online storage options, and AMD, which was downgraded from buy to neutral by an analyst.</p>businessBusiness & Real EstateScience and Technology

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

SF officer involved in shooting death of homeless man quit while facing discipline, landed new job in Antioch

An officer who faced discipline for needlessly escalating a confrontation that led… Continue reading

Thousands flood Mission District for youth-led George Floyd protest

As civil unrest over the killing of George Floyd continued Wednesday in… Continue reading

Vallejo police officer kills SF man after mistaking hammer for gun

A Vallejo police officer fatally shot a man suspected of looting who… Continue reading

Breed closes nearly $250M budget deficit in current fiscal year

Cuts include street repaving, firefighting hose tender trucks, childcare subsidies

DA drops charges against man seen in video of officer using knee restraint

Footage leads to calls for SF police to explicity ban move used in death of George Floyd

Most Read