US Indices end the session higher but well off the highs for the day

NASDAQ closes at a new record high

Tthe US stocks are ending the session higher, but well off the highs for the day. The major indices got a boost from the much better-than-expected nonfarm payroll report. However gains were limited after Florida reported record coronavirus cases (over 10,000). Late day selling took the prices of the indices closer to the session lows (although still higher on the day). The final numbers are showing:

  • S&P index and NASDAQ index close higher for the 4th consecutive day
  • NASDAQ index close at a record level and traded to a new intraday record high of 10310.36
  • the NASDAQ index is now up 13.76% on the year
  • the S&P index within around 2% of the closing level for 2019, before backing off (it is down -3.12% year-to-date)
A look at the final numbers are showing:
  • S&P index up 14.16 points or 0.45% at 3130.02. The high price extended to 3165.81. The low was at 3124.52
  • NASDAQ index rose 53 points or 0.52% at 10207.63. It’s high price reached 10310.36, while the low extended to 10194.059
  • Dow industrial average close higher by 92.45 points or 0.36% at 25827.42. It’s high price reached all the way up to 26204.41. The low price extended to 25778.12.
The US stock market will be closed tomorrow in observance of 4 July holiday.
In the European equity markets today the major indices close sharply higher with some of the gains reflective of a catch up from yesterday’s afternoon rally in the US. It will be a normal day in the European markets tomorrow (although activity may be more subdued):
  • German DAX rose by 347.89 points or 2.84% to 12608.46
  • France’s CAC rose 122.44 points or 2.49% to 5049.38
  • UK’s FTSE 100 rose by 82.4 points or 1.34% to 6240.36
  • Spain’s Ibex rose by 271.20 points or 3.75% 27498.60
  • Italy’s FTSE MIB rose by 556 points or 2.88% to 19886.88
Below are the percentage changes including the percentage high and percentage low for the major indices in the US and Europe.
NASDAQ closes at a new record high_

NASDAQ closes at a record high

NASDAQ index rises 0.95% on the day

the broader market indices are closing higher. The Dow industrial average over lagged and closed lower.
  • The NASDAQ index closed at a record level
  • the NASDAQ and S&P have been up for 3 consecutive days
  • The Dow lagged with Walgreens, Exxon/Mobil and Bank of America leading the way to the downside

The final numbers are showing:

  • S&P index rose 50.58 points or 0.50% at 3115.87
  • NASDAQ index rose 95.863 points or 0.95% at 10154.62
  • Dow industrial average fell 77 points or -0.3% at 25734.93

US Indices end the quarter with a bang

Nasdaq best quarter since 2001

The US stocks are ending the quarter with a bang.
  • Major averages post the 3rd straight monthly gain
  • Dow best quarter since 1987
  • S&P best quarter in 22 years (1998)
  • NASDAQ index NASDAQ best quarter since 2001

The numbers for the day are showing:

  • S&P index up 47.05 points or 1.54% the 3100.29
  • NASDAQ index up 184.61 points or 1.87% at 10058.76
  • Dow industrial average up 217.08 points or 0.85% at 25812.88/
For the month, the numbers are showing:
  • S&P index up 1.84%
  • NASDAQ index up 5.99%
  • Dow industrial average up 1.69%

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US stocks finish at the lows of the week

Rough day for equities

  • S&P 500 down 75 points, or 2.4%, to 3009
  • Nasdaq -2.6%
  • DJIA -2.8%
On the week:
  • S&P 500 down 2.9%
  • Nasdaq -1.9%
  • DJIA -3.3%

Despite the drama, it was an inside-week in the S&P 500: