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

U.S. President-elect Joe Biden and Jill Biden arrive at Biden's inauguration on the West Front of the U.S. Capitol on January 20, 2021, in Washington, DC.  (Win McNamee/Getty Images/TNS)
Joe Biden issues call for ‘unity’ amidst extreme partisan rancor

‘I will be a president for all Americans,’ he says in inauguration speech

MARIETTA, GA - NOVEMBER 15: Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia taps elbows during a rally for supporters on November 15, 2020 in Marietta, Georgia. Both become senators Wednesday.  (Jenny Jarvie/Los Angeles Times/TNS)
Vice President Harris swears in senators Padilla, Warnock, Ossoff

New Democratic senators tip balance of power in upper legislative house

President Joe Biden plans to sign a number of executive orders over the next week. (Biden Transition/CNP/Zuma Press/TNS)
Biden signals new direction by signing mask order on his first day in office

President plans ambitious 10-day push of executive orders, legislation

Kamala Harris is sworn in as vice president by U.S. Supreme Court Associate Justice Sonia Sotomayor as her husband Doug Emhoff looks on at the inauguration of U.S. President Joe Biden on the West Front of the U.S. Capitol on Jan. 20, 2021, in Washington, D.C. (Alex Wong/Getty Images/TNS)
A new turn in history: Kamala Harris sworn in as 49th vice president

Noah Bierman and Melanie Mason Los Angeles Times Kamala Devi Harris, born… Continue reading

From left, Doug Emhoff, U.S. Vice President-elect Kamala Harris, Jill Biden and President-elect Joe Biden wave as they arrive on the East Front of the U.S. Capitol for the inauguration on Jan. 20, 2021 in Washington, DC. During today’s inauguration ceremony Joe Biden becomes the 46th president of the United States. (Joe Raedle/Getty Images/TNS)
Joe Biden inaugurated as 46th president as Trump era comes to an end

Todd Spangler Detroit Free Press Taking over the reins of government at… Continue reading

Most Read