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S&P 500 edges higher by the slimmest of margins but gains for the week were solid

  
Analysis, US Market

Closing changes

The S&P 500 was up 0.07 points to 3239.98 on the day. The Nasdaq was down 0.17% and the DJIA up 0.08%. The decline in the Nasdaq snapped an 11-day winning streak.
The larger action was outside of equities with some substantial moves throughout FX and a decent rally in fixed income.
On the week:
  • S&P 500 +0.58%
  • DJIA +0.67%
  • Nasdaq +0.92%

And yet another record close for all the major indices

  
Analysis, US Market

S&P index leads the way

….And yet another record close for all the major indices.  The S&P index led the way.
The final numbers are showing:
  • The S&P index up 15.82 points or 0.49% to 3221.19. The high price extended to 3225.65 while the low fell to 3216.03
  • the NASDAQ index rose 37.739 points or 0.42% to 8924.95. The high price reached 8931.90. The low extended to 8901.86.
  • The down industrial average rose 77.79 points or 0.27% to 28454.75. The high price extended to 28608.64. The low extended to 28445.60.
The S&P index is up for the 4th straight week.
The NASDAQ index is up 10 of last 12 weeks
The NASDAQ index is up for 8 straight days..

US Markets :More record highs for the major indices

  
Analysis, US Market

Record closes and all time intraday highs too

More record highs for the major indices, with the major indices closing near the all time intraday highs too.
The final numbers are showing:
  • S&P index +14.13 points or 0.44% at 3205.27. That is just off the all-time high at 3205.48
  • Nasdaq index +59.485 points or 0.67% at 8887.219. That is just off its all-time high of 8888.125
  • Dow is up 137.54 points or 0.49% at 28376.83. That is just off ITS all-time high of 28381.48.
Some winners today include:
  • Netflix, +3.67%
  • Tesla, +2.80%
  • Micron, +2.73%
  • Cisco, +2.70%
  • Nvidia, +2.65%
  • Box, +2.09%
  • Facebook, +1.82%
  • 3M, +1.77%
  • J&J, +1.49%
  • Intel, +1.38%
Some of the losers include
  • Lyft, -1.6%
  • Caterpillar, -1.49%
  • Square, -0.98%
  • Exxon Mobil, -0.70%
  • J.P. Morgan, -0.51%
  • Bank of America, -0.4%
  • Chevron, -0.39%
  • Goldman Sachs, -0.22%
  • Verizon -0.13%
  • Disney, -0 point

Major indices close at record levels again

  
Analysis, US Market

Small/modest gains on the day for the major indices

The major indices are all closing higher which means new record highs for each of them.

The NASDAQ and S&P have now closed at new all time highs for 4 consecutive trading days. The Dow has closed at record highs for 2 consecutive days.
The final numbers are showing:
  • S&P index eked out a is 0.76 point gain or 0.02% at 3192.21
  • NASDAQ index rose 9.131 points or 0.10% at 8823.35
  • Dow industrial average rose 29.3 points or 0.10% at 28265.19

Trump tweets about the stock market at a record high

  
Analysis, US Market

Strong day for stocks

All the gains in the S&P 500 were essentially at the open. Since then the index has remainded around current levels. The index is up 28 points to 3196.
New Stock Market high! I will never get bored of telling you that – and we will never get tired of winning!
You may remember that just 13 days ago, Trump said:
“If the stock market goes up or down ― I don’t watch the stock market,”
Trump said in London, where he is attending a NATO summit. “I watch jobs. Jobs are what I watch.”
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