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Nasdaq leads the way to the upside today. All major indices fall for the week.

  
Analysis, US Market
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Dow posts a 3 day win streak. All 11 S&P sectors close higher

the major indices all closing higher for the day with the NASDAQ index leading the way to the upside. The Dow industrial average posted a gain for the 3rd day in a row. All 11 sectors of the S&P closed higher.

The final numbers are showing:
  • Dow, +260 points or 1.11% at 23775.27
  • S&P index +38.94 points or 1.39% at 2836.74
  • Nasdaq index +139.77 points or 1.65% at 8634.52
For the week, all 3 major indices closed lower with the NASDAQ outperforming relatively. The numbers for the week show:
  • Dow, -1.93%
  • S&P, -1.32%
  • Nasdaq close modestly lower at -0.18%.
For the week, some oversized winners included:
  • Beyond Meat +41.44% as meet distributors close operations due to coronavirus
  • Rite Aid +22.75%
  • Papa John’s, +10.52%
  • Lyft, +9.74%
  • DuPont, +9.23%
  • Chipotle, +8.23%
  • Twitter, +7.64%
  • Facebook, +6.05%
  • Schlumberger J, +5.3%
  • IBM +3.83%
  • Bristol-Myers Squibb, +2.71%
  • Box, +2.45%
  • Johnson & Johnson +1.81%
  • Home Depot, +1.35%
  • Pfizer, +1.33%
Big decliners for the week included:
  • Boeing, -16.24%
  • United Airlines -12.07%
  • Deutsche Bank, -9.02%
  • Delta Air Lines, -7.66%
  • Slack, -7.26%
  • General Dynamics, -6.5%
  • Southwest Airlines, -5.93%
  • Coca-Cola, -5.47%
  • Walt Disney, -5.16%
  • Gilead -5.16%
  • Citigroup, -5.15%
  • Wells Fargo, -5.11%
  • Lockheed Martin, -4.93%
  • American Express, -4.87%
  • Procter & Gamble, -4.8%
  • Bank of America, -4.73%
  • J.P. Morgan, -4.71%
  • Raytheon technologies, -4.06%
  • travelers, -4.05%

Dow books meager gain as report on Gilead’s experimental coronavirus drug quashes stock-market rally

  
Analysis, US Market

The Dow Jones Industrial Average US:DJIA eked out a gain, rising 39.44 points, or 0.2%, at around 23,515.26, buttressed by gains UnitedHealth Group Inc. US:UNH, which rose 3% on the day. The blue-chip benchmark had hit a high at 23,885.36.

Meanwhile, the S&P 500 US:SPX edged up 1.51 points or less than 0.1%, at 2,797.80, with an intraday peak at 2,844.90. The Nasdaq Composite US:COMP gave up less than a point to end the session virtually unchanged at 8,494.75.

For the week so far, the Dow is off 3%, the S&P 500 is down 2.7% and the Nasdaq is down 1.8%.

US Indices have a recovery day. Broad indices up over 2.2%.

  
Analysis, US Market

The Dow 30 rises by 1.96%.

The US major indices have stopped the 2 day decline with a recovery day. The NASDAQ index closed above its 200 day moving average and had its best day since April 14. All 11 sectors of the S&P rose. The Dow industrial average lined with a gain of 1.96%.
The final numbers are showing:
  • S&P index up 62.14 points or 2.27% at 2798.70
  • NASDAQ index up 232.15 points or 2.81% at 8495.37
  • Dow rose 456.94 points or 1.99% at 23475.83.
Below are the percentage ranges for each of the major indices in North America and Europe:
The Dow 30 rises by 1.96%.

Broader indices fall over 3%. Dow down -2.67%

  
Analysis, US Market
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All S&P sectors close lower.

The broader stock indices fell over 3% with the Nasdaq leading the way to the downside. The Dow 30 index fell -2.67%
The final numbers are showing:
  • The S&P index fell -86.60 points or -3.07% at2736.60
  • The Nasdaq index fell -297/49 points or -3.48% at 8263.23
  • The Dow 30 stock index fel -631 points or -2.67% at 23018.88.
Netflix shares are higher after the close after subscriber numbers surged 15.8M vs est of 8.47M
The 1Q revenues came in at $5.77B vs $5.76B estimate.  EPS came in at $1.57. They see 2Q rising to $1.81.

US indices close lower and near session lows

  
Analysis, US Market

Worst day since April 1

The major US stock indices snap day to day winning streak with declines across the board today. The downside was led by the Dow industrial average which fell by -592 points. The NASDAQ index fared the best today but was still lower by -1.03%.
The final numbers are showing:
  • S&P index -51.4 points or -1.79% at 2823.61
  • NASDAQ index -89.41 points or -1.03% at 8560.73
  • Dow -592.05 points or -2.44% at 23650.44.
The shares of Boeing hurt the Dow today.  It fell by -6.63% or $-10.19 to $143.58.  Other losers on the day include:
  • Marriott, -5.27%
  • micron, -5.03%
  • Exxon Mobil, -4.72%
  • General Electric, -4.68%
  • United Airlines holdings, -4.37%
  • Chevron, -4.22%
  • Lockheed Martin, -4.14%
  • Walt Disney, -4.10%
  • American Express, -3.86%
  • Walgreens, -3.8%
  • J.P. Morgan, -3.54%
  • Bank of America, -3.35%
  • Procter & Gamble, -3.29%
  • Travelers, -3.19%

winners today included:

  • Slack, +4.03%
  • Papa John’s, +3.66%
  • Netflix, +3.4%
  • Box, Inc, +3.29%
  • Beyond Meat, +3.22%
  • Charles Schwab, +2.18%
  • Bristol-Myers Squibb, +1.95%
  • Twitter, +1.27%
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