Archives of “US Market” category

rss

The stock market shrugs off another 6M job losses, but off highs

  
Analysis, US Market

Dow close that highest level since March 10

The major stock indices shrugged off another 6 million job losses and closed higher, but the indices are off highs for the day.  The major indices now have 2 day win streak. The Dow closed at the highest level since March 10.

The final numbers are showing:

  • S&P index up 39.84 points or 1.45% at 2789.82
  • Nasdaq index up 62.67 points or 0.77% at 8153.57
  • Dow index rose 285 points or 1.22% at 23719.33.
The S&P index did move above its 50% retracement level at 2792.69, but is closing back below that level at the close.
The good news is the
  • rise this week was the largest since 1974.
  • The NASDAQ and back-to-back gains for the 1st time since March 2
  • the Dow adjuster average rose by nearly 13% in the shortened trading week
Tomorrow the bond and stock market will be closed in observance of Good Friday.  That will be weird with coronavirus news and follow through from OPEC still in play.

Major indices close higher led by the Dow and S&P

  
Analysis, US Market
#  #  #  #  #  #  #  #

Dow and S&P rise by 3.4%

the major indices are closing higher with the Dow and S&P leading the way. Each rose by around 3.4%. The NASDAQ index lagged behind with a 2.6% gain.
A look at the close is showing:
  • S&P index, rose by 89.86 points or 3.38% to 2749.27.
  • NASDAQ index, rose by 203.64 points or 2.58% to 8090.90
  • Dow industrial average, rose by 772.57 points or 3.41% to 23426.43

Some of the leading stocks include:

  • Wynnresort, +13.39%
  • Square, +13.29%
  • Marriott, +11.87%
  • United Airlines, +12.3%
  • General Motors, +8.6%
  • Unitedhealth +8.10%
  • Raytheon, +8.96%
  • Twitter, +8.82%
  • FedEx, +8.13%
  • Citigroup, +7.27%
  • Ford Motor’s, +6.69%
  • Morgan Stanley, +6.58%
  • Exxon Mobil +6.35%
  • Goldman Sachs +6.47%
  • Chevron +6.34%
  • American Express, +5.14%
Some laggards today included;
  • Deutsche Bank, -1.58%
  • General Mills, -1.24%
  • Alibaba, -1.10%
  • ATT, -0.70%
  • Netflix, -0.33%
  • Disney, -0.23%
  • Walmart, -0.12%

 

Major US stock indices rocket higher into the close

  
Analysis, US Market
#  #  #  #

Indices all close with gains of over 7%

The major US stock indices rocketed higher into the close.  Reports that another $1.5 trillion of stimulus was leaked to Wall Street executives may have been a catalyst. The major indices are closing with oversized gains with the S&P bringing up the rear with a impressive 7.03% rise
The final numbers are showing:
  • S&P index up 175.03 points or 7.03% to 2663.68
  • NASDAQ index rose 540.15 points or 7.33% to 7913.23
  • Dow rose 1627.46 points or 7.73% to 2679.99

All 30 Dow stocks rose on the day led by:

  • Boeing +19.26%
  • Raytheon Technologies, +15.28%
  • American Express, +13.91%
  • Visa, +11.46%
  • DuPont, +11.0%
  • McDonald’s, +10.4%
The laggards in the Dow 30 include:
  • Procter & Gamble, +2.25%
  • Pfizer, +2.62%
  • Exxon Mobil, +3.09%
  • Verizon, +3.25%
  • Johnson & Johnson, +4.03%

US major indices close lower but off the low levels for the day

  
Analysis, US Market
#  #  #  #  #  #  #  #

Prices recover in the last hour of trading

The major indices are closing lower but off the low levels for the day. The last hour of trading saw prices move higher. The major indices have moved lower in 3 last 4 trading days
The final numbers are showing:
  • The S&P index fell -38.34 points or -1.52% at 2488.56. The high for the day reached 2538.18 . The low extended to 2459.96
  • the NASDAQ index fell -114.225 points or -1.53% to 7373.08. The high price reached 7518.71.The low extended to 7288.11
  • The Dow fell -357.99 points or -1.67% to 21055.49. The high price reached to 21 447.81. The low extended to 20863.09
For the week, the major indices all declined with the Dow industrial average falling the most. The changes for the week are showing:
  • Dow -2.7%
  • S&P -2.08%
  • Nasdaq -1.72%

YTD, the Dow al  so is leading the declines:

  • Dow -26.23%
  • S&P, -22.97%
  • Nasdaq, -17.83%.
Go to top