- The major US indices are closing mixed. The NASDAQ index close higher for the third consecutive day as did the Russell 2000. The S&P and Dow snapped their two day up streak.
A look at the close is showing:
- Dow industrial average minus 168.72 points or -0.50% at 33890.02
- S&P index -10.87 points or -0.25% at 4373.77
- NASDAQ index +56.78 points or 0.41% at 1375.41
- Russell 2000 up 7.156 points or 0.35% at 2048.08
- Cathie Wood’s ARK Innovation rose $2.65 or 3.91% to $70.47. That index is up 22.4% from the low reached on Thursday (low was at $57.55 and closed today at $70.47 – up $12.92). That is the good news. The not so good news is the index fell from $125.86 to $55.50 ($-70.36)
- Tesla rose 7.48% and it is up 24.38% from Thursday’s low. That low reached $700 before bouncing up and closing today at $870.43.
- Crowdstrike Holdings rose $13.46 or 7.41% to $195.21. That cybersecurity stock rose along with Palo Alto Networks (+4.3%) and Fortinet (+6.02%) also in the cybersecurity space.
The lowlights today included the financials:
- Deutsche Bank, -7.51%
- Citigroup, -4.49%
- JPMorgan -4.14%
- Morgan Stanley, -4.05%
- Goldman Sachs, -2.53%
Airlines were also lower:
- Delta Airlines, =3.90%
- United Airlines, -3.16%
- Southwest Airlines, -2.99%