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Dow closes unchanged. Nasdaq closes at a record. S&P just short

  
Analysis, US Market
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Is unchanged in the Dow a record?

Does a “tie go to the runner” in stocks (that’s a baseball term). That is, a Dow that closes unchanged, does it make it a record close or because the record was already reached yesterday, is itnot a record?
Regardless of it being record or not, what we do know it is it is rare that the Dow ends the day spot on the level from the previous day. So lets relish that unusual occurence.
The Nasdaq however, did close at a record high with its gain today. The S&P fell short by a point or two today.
The final numbers are showing:
  • The S&P rose 4.83 points or 0.16% at 3091.84.
  • The NASDAQ index rose 21.814 points or 0.26% at 8486.09
  • The Dow ended same level as yesterday at 27691.49.
European shares today and higher with the exception of the Spanish Ibex.
Below is a graphical look of the percentage high percentage low in percent close for the major indices in North America and Europe today.

Overnight US Market : Dow record close

  
Analysis, US Market
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It could have been worse.

The US had a semi holiday today in observance of Veterans Day. The bond market was closed, government offices were closed (so no economic news). The US stock markets were open, however.
After opening lower and extending to the downside, a slow grind higher took the Dow into positive territory. The S&P and Nasdaq stilll ended down, but well off the lows.
The final numbers are showing:
  • The S&P index fell -6.07 points or -0.20% to 3087.01
  • The NASDAQ index fell -11.036 points or -0.13% t0 8464.27
  • The Dow rose 10.25 points or 0.04% to 27691.49.
The Dow gain was good enough for a record close once again. The S&P and NASDAQ which also closed at record levels on Friday, could not repeat the feat today.
Below is a graphical look at the percentage high, low, and close for the major indices in North America and Europe today.
The Dow closes at a new all-time record high

Alibaba sets a singles day record of 268.4B yuan

  
Analysis, US Market

The biggest shopping it day of the year on Alibaba

For those who may be interested. the Alibaba’s Singles Day is over and it set a record with sales of 268.4B yuan. That corresponds roughly to about 38 billion of sales.
The huge day has not helped the ADRs in the US. Alibaba shares are trading at 184.18, down -$2.98 on the day.
The US market in general still remains in the red for the day:
  • The S&P index is down -10.17 points or -0.33% at 3082.91. The high reached 3084.91. The low extended to 3075.82.
  • The NASDAQ index is down -24.4 points or -0.29% at 8450.81. The high reached a 84589. The low extended to 8425.48
  • The Dow is trading down -110 points or -0.40% at 27571.50. The hi reached 27602.50. The low extended to 27517.67

If it’s any consolation for Alibaba, Amazon (a comparable) is also trading lower. It stock price is down $-13.38 or -0.75% at $1772.50.

Triple record close for US stock indices to end the week

  
Analysis, US Market

Dow squeaks out a small gain at the close

The major indices are ending the session at record closing levels.
With a late day rally, the Dow joined the S&P and NASDAQ at record closing levels 2 and the week
It is the 5th straight up week for the major indices
The final numbers are showing:
  • The S&P index rose 7.83 points or 0.25% at 3093.01
  • The NASDAQ index rose 40.797 points or 0.48% at 8475.31
  • The Dow rose 5.9 points or 0.02% at 27680.84
For the week, the major indices are closing with gains:
  • The S&P index rose 0.85%
  • The NASDAQ index rose 1.06%
  • The Dow was the big winner this week rising by 1.22%

The S&P and Dow off highs but still close at record highs

  
Analysis, US Market
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All major indices close higher

The major stock indices closed off their high levels for the day as US/China trade deal details go back and forth.  However, they S&P and Dow still closed at record levels. The NASDAQ was higher but still off its record close level.
The final numbers are showing
  • S&P index, 8.42 points or 0.27% at 3085.20. The high reached 3097.77. The low extended to 3080.23
  • NASDAQ index +23.88 points or 0.28% at 8434.51. The high reached 8483.156. The low extended to 8415.87
  • Dow is up 182.24 points or 0.66% at 27674.80. The high for the day reached 27774.67 The low reached 27590.16
After the close, Disney EPS came in higher than expectations at $1.07 versus $0.95 estimate. The revenues came in at $19.10 billion versus $19.04 billion estimate.  Is the stock is trading at $136.00 after closing at $133.12.

Major indices closed the session with mixed results

  
Analysis, US Market

S&P up. Dow unchanged.  NASDAQ down

The NASDAQ and Dow close at a record yesterday. Today, both were lower at the close so no new records. The NASDAQ composite was down for the 2nd straight day in a row. The final numbers are showing:
  • the S&P index up 2.16 points or 0.07% at 3076.78. The high reached 3078.34. The low extended to 3065.89
  • The NASDAQ index fell 24.052 points or -0.29% at 8410.62. The high reached 8426.57. The low extended to 8379.328
  • The Dow is ended the day nearly unchanged at 27492.5, down -0.07 points or a negligible percentage change
Below is a graphical representation of the percentage high percentage low in percent’s close of the North American and European stock indices today.
S&P up. Dow unchanged.  NASDAQ down_

The bell rings and the Nasdaq and Dow close at new records

  
Analysis, US Market

The S&P was not so lucky.

The final bell has rung and the trading days over in the US stock markets. The final numbers are showing that the S&P index failed to close at a new record high. However, the NASDAQ and Dow both closed higher and therefore at new record highs.
The final numbers are showing:
  • the S&P index -3.61 points or -0.12% at 3074.66
  • The NASDAQ index rose 1.48 points or 0.02% at 8434.68
  • The Dow industrial average rose and 30.5 points or 0.11% at 27492.63.
The overall day was a little bit more sleepy with two-way flows.  You can argue that the Bull Run is getting tired. You can also argue that the sellers did not really push the market lower and the burden of proof is on them.
So call the day a draw and we will see what Wednesday brings to the price action…
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