Nasdaq closes at record highs

  
Analysis, US Market

S&P index just misses out at a record high close

The NASDAQ composite index is closing up 127 points or 1.58% at 8163.99. That closing level surpasses the previous record high close of 8161.85.
The S&P index also close sharply higher at 2945.62, up 0.96%. However its close was just shy of its record at 2945.83.
The final numbers are showing:
  • S&P index +28.11 points or 0.96% at 2945.63. The high reach 2947.85
  • NASDAQ index +127.22 points or 1.58% at 8163.99. THe high reached 8164.71.
  • Dow industrial average closed up 197.16 points or 0.75% at 26504.95. The high price reach 26534.96
For the week, the major indices are closing mixed:
  • S&P index, +0.20%
  • NASDAQ index, +0.22%
  • Dow industrial average, -0.14%
Some winners on the day included:
  • Tesla, +4.48%.  Elon Musk said that they may issue more debt/stock and he would potentially investing 25 million of his own money
  • Amazon, +3.24%.  Warren Buffett’s Berkshire Hathaway said they invested in the company for the 1st time
  • Caterpillar, +2.94%
  • Gilead, +2.80%
  • Alibaba, +2.73%
  • Qualcomm, +2.47%
  • Intel, +2.37%
  • Microsoft, +2.13%
  • Twitter, +2.13%
  • Adobe, +2.12%
  • Alphabet, +1.98%
Some losers in the big up day include:
  • Target, -0.67%
  • Rite Aid, -0.51%
  • Under Armour, -0.31%
  • Home Depot, -0.28%
  • AMD, -0.25%
  • Unitedhealth, -0.25%
  • CVS health, -0.16%
  • General Mills, -0.14%
  • Nvidia, -0.10%
  • Broadcom, -0.03%
  • Cisco, closed unchanged
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