Stocks snap winning streaks today. S&P snaps 4-day streak. Nasdaq 2-day streak snapped

  
Analysis, US Market

The major indices all declined today with the NASDAQ and Russell 2000 leading the way to the downside. In moving lower, the major indices all snapped winning streaks:

  • S&P and Dow industrial average snapped their 4-day up streaks
  • NASDAQ index snapped it two day up streak
  • Apple, the bellweather for the big cap stocks, snapped it’s 11 day up streak.

The final numbers are showing:

  • Dow industrial average fell -65.40 points or -0.19% at 35228.82
  • S&P index fell -29.15 points or -0.63% at 4602.46
  •  NASDAQ  index fell -177.35 points or -1.21% at 14442.28
  • Russell 2000 fell -42.02 points or -1.97% at 2091.06

Looking at the S&P sectors, the winners today were led by:

  • Energy, +1.2%
  • Utilities, +0.8%
  • Healthcare, +0.2%

The laggards today included:

  • Consumer discretionary -1.5%
  • Technology, -1.4%
  • Communications -0.8%
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