Category: US Market

Major US indices close higher but well off their highs for the day

On By In Analysis, US Market

Month results are negative

The month of September is now over and the major indices closed lower for the 1st time since March. Moreover the stocks posted the worst September performance since 2011.

The good news is that the major indices close higher for the 2nd consecutive quarter and they also closed higher for the day (albeit well off the highs for the day.
So what were the final numbers for the day, month, quarter and year to date?
The major indices changes for the month shows:
  • The S&P index up 27.53 points or 0.83% at 3363.00
  • The NASDAQ closed up 82.26 points or 0.74% at 11167.50
  • The Dow closed up 329.04 points or 1.2% at 27781.70
The major indices changes for the month shows:
  • The S&P index fell -3.92%
  • The NASDAQ index fell -5.16%
  • The Dow fell -2.28%
The major indices changes for the quarter shows:
  • The S&P index rose 8.47%
  • THe NASDAQ index rose 11.02%
  • The Dow industrial average rose 7.63%
Finally for the year to date, the numbers are showing:
  • The S&P index is up 4.09%
  • The NASDAQ index is up 24.46%
  • The Dow is still down -2.65%.

US major indices end lower. Dow, S&P and NASDAQ snap 3 day winning streak

On By In Analysis, US Market

Modest declines ahead of the presidential debate

The US stock market was relatively quiet today. The major indices all fell on the day and in the process snapped a 3 day winning streak for each.  The NASDAQ remains 8% below its record high. The S&P is some 7% below its record high.

The final numbers are showing:
  • S&P index fell -16.13 points or -0.48% to 3335.47
  • NASDAQ index fell -32.27 points or -0.29% to 11085.25
  • Dow fell -131.4 points or -0.48% to 27452.66

US stocks close higher led by the NASDAQ index

On By In Analysis, US Market

Nasdaq leads the way

The major indices closed higher across the board with the NASDAQ ending up leading the way.  The S&P and NASDAQ have now posted 3 days of higher closes.  All 11 sectors of the S&P closed higher.  The energy and financials led the rally today.   The Dow post the best day cents September 9
The final numbers are showing:
  • S&P index up 53.14 points or 1.61% at 3351.60
  • NASDAQ index up 203.96 points or 1.87% at 11117.52
  • Dow industrial average rose 410.10 points or 1.51% at 27584.06.
The NASDAQ closed close to its highs of 11120.79. The Dow industrial average however close around 138 points from its intraday high.
Big winners today included:
  • GoodRx, +9.31%
  • Boeing, +6.52%
  • Deutsche Bank, +5.5%
  • Delta Air Lines, +5.2%
  • United Airlines +5.06%
  • American Airlines, +3.91%
  • Whirlpool, +3.87%
  • Qualcomm, +3.49%
  • Tesla, +3.4%
  • Uber, +3.19%
  • Citigroup, +3.17%
Some losers today included:
  • Beyond Meat, -2.46%
  • Rite Aid, -2.2%
  • Zoom, -1.74%
  • Slack, -0.62%
  • Merck and Company, -0.16%
  • Walmart, -0.07%
  • Verizon, -0.03%

US stocks close near high. Nasdaq has first up week in 4 weeks

On By In Analysis, US Market

Dow, S&P and Nasdaq close higher for the 2nd consecutive week

The US stock indices are ending the session with gains across the board and near session highs:
  • NASDAQ and S&P closed higher for the 2nd consecutive day
  • The NASDAQ index close higher for the 1st weekly gain in 4 weeks
  • The S&P and Dow are not so lucky. They have fallen for 4 consecutive weeks
The final numbers are showing:
  • S&P index rose 51.89 points or 1.60% to 3298.48. The low today reached 3228.44. The high extended to 3306.88
  • The NASDAQ index rose 241.29 points or 2.26% to 10913.56. The low today reached 10639.98. The high extended to 10939.54
  • The Dow rose by 358.71 points or 1.34% to 27174.15. The low today reached 26635.38. The high extended to 27239.29.
For the week, the NASDAQ gains today propelled the index to the 1st positive week in 4 weeks.
  • S&P index fell by -0.63%
  • NASDAQ index rose by 1.11%
  • Dow industrial average fell by -1.75%

The month will end on Wednesday next week. The major indices are all still negative for the month.

  • S&P index -5.77%
  • NASDAQ index -7.32%
  • Dow industrial average -4.42%
Finally year-to-date gains and losses currently shows:
  • S&P index up 2.09%
  • NASDAQ index up 21.63%
  • Dow industrial average is still down by -4.78%

US Indices tumbled lower. NASDAQ down 3% on the day

On By In Analysis, US Market

S&P index falls over 2%

The S&P index and NASDAQ index closed lower for the 5th time in 6 days. All 11 sectors of the S&P moved lower. Stocks closed near their session lows with the NASDAQ index tumbling over 3%. The S&P index is 9% away from its high. The NASDAQ index is now 12% from its all-time high. The major indices are on track for their 4th week in a row lower.
No good news in all those statistics.
A look at the final numbers show:
  • S&P index -78.65 points or -2.37% at 3236.92. The low for the day reach 3232.57
  • NASDAQ index fell 330.565 points or -3.02% to 10632.96. The low price reached 10612.91
  • Dow industrial average fell -525.05 points or -1.92% to 26763.13. The low price reached 26716.12

Big losers today included:

  • Albemarle, -15.61%
  • Tesla, -10.3%
  • US steel, -8.06%
  • Lyft, -4.73%
  • Chevron, -4.73%
  • Salesforce -4.73%
  • Amazon, -4.18%
  • Schlumberger a, -4.15%
  • Netflix, -4.14%
  • Apple, -4.09%
  • Nvidia, -4.05%
  • Intuit, -3.89%
  • Square, -3.89%
  • AMD, -3.84%
  • Boeing, -3.6%
Winners today included:
  • Nike, +8.77%
  • Western Digital, +6.72%
  • Twitter, +6.11%
  • Zoom, +1.62%
  • Chipotle, +1.2%
  • Chewy, +0.94%
  • First solar, +0.71%
  • Bristol-Myers Squibb, +0.39%
  • Micron, +0.32%
  • J&J, +0.12%

NASDAQ leads the way to the upside. S&P and NASDAQ break 4-day losing streak

On By In Analysis, US Market

Dow breaks 3 day slide

The S&P and NASDAQ index broke a 4 day losing streak. The Dow industrial average broke its 3 day losing streak as investors liked Feds Powell comments on the economy is resilient, and the expectations at the Fed would remain on hold for a long period of time.

A look at the final numbers are showing:
  • S&P index rose 34.49 points or 1.05% to 3315.56. It’s high reached 33 to 0.31. The low extended to 3270.95.
  • Nasdaq index rose 184.83 points or 1.71% at 10963.62. Its high reached 10979.64. The low extended to 10737.51
  • Dow rose 140.34 points or 0.52% at 27288.04. It’s high reached 27333.09. The low extended to 26989.93.