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US Indices end lower on the day with modest declines. Nasdaq makes a new all time intraday high but closes lower

  
Analysis, US Market

Some selling into the close ahead of lots of data

The US stocks are ending the session lower on the day with modest declines. There were more selling into the close that tipped the indices lower. There a lot of earnings after the close and tomorrow.
The final numbers show:
  • S&P down -6.43 points or -0.22% at 2927.25
  • Nasdaq fell -18.806 at 8102.01 after making a new all time highs and falling off. The high reached 8139.55.
  • Dow fell 59.34 points or  -0.22% at 26597.05

S&P and Nasdaq close at record levels

  
Analysis, US Market

Short of all time records but getting close

The S&P and Nasdaq are closing at record levels. The Dow is up but still shy of the highest close.
The final numbers:
  • The S&P index rose 25.66 points or 0.88% at 2933.64. The high reached 2936.31. The low reached 2908.53.  The S&P index previous high close came in at 2930.75 on September 20. The all time intraday high price was at 2940.91.
  • The Nasdaq index rose 105.55 points or 1.32% at 8120.82. The high reached 8128.87. The low extended to 8023.81. For the Nasdaq the prior high close was at 8109.688. The all time intraday high price came in at 8133.298.
  • The Dow closed at 26656.39, up 145.34 pointsor 0.55%. THe high reached 26695.96. The low extended to 26503.56.  The Dow’s highest close came in at 26828.39.  The all time intraday high reached 26951.81
Some winners today included:
  • Twitter, +15.62% (reported better earnings)
  • QUALCOMM, +5.79%
  • First Solar, +2.77%
  • Stryker, +2.60%
  • Adobe, +2.31%
  • United Technologies, +2.26%
  • Southwest air, +2.13%
  • Amazon, +1.93%
  • Intuitive Surgical, +1.91%
  • Coca-Cola, +1.71%
Some losers today included
  • Rite Aid, -7.91%
  • Albemarle, -3.3%
  • Procter & Gamble, -2.68%
  • Deutsche Bank, -2.4%
  • Verizon, -2.11%
  • Walgreens boots, -1.63%
  • Micron, -1.45%
  • General Mills, -1.43%

The broader US indice end the session higher. Dow falls.

  
Analysis, US Market

Nasdaq leads the way higher.

The broad indices are ending the session higher.  While the more narrow Dow ended lower.
The final numbers are showing:
  • The S&P is up 2.94 points or 0.10% at 2907.97
  • The Nasdaq is up 17.205 points or 0.22% at 8015.26
  • The Dow is down -48.49 points or -0.18% at 26511.05
The Dow was hurt by Boeing losing -1.33%. Other Dow losers included:
  • Nike, -2.07%
  • Dupont, -1.73%
  • Travelers, -1.67%
  • American Express, -1.16%
  • IBM, -1.05%
  • Pfizer, -1.04%
  • Walgreen Boots, -1.04%
Some winners today included:
  • Netflix, +4.71%
  • Qualcomm, +2.60%
  • UnitedHealth (rebounded after falling over the last week or so), +2.44%
  • Exxon, +2.19%
  • AMD, +1.81%
  • Chevron, +1.65%
  • Intuit, +1.48%
  • Amazon, +1.38%
  • Nvidia, +1.16%
  • Alphabet, +1.01%

An Update :Dollar Index ,Euro ,Yen ,INR ,AUD ,GBP ,WTI -BRENT Crude ,SPX500 ,Nasdaq Composite ,Shanghai Composite -Anirudh Sethi

  
Analysis, Crude, Forex, Global Indices, US Market
The US dollar rose against all the major currencies but the Japanese yen.  Its net loss against the yen, less than 0.1% was a fluke.  The dollar was confined to a 40 tick range against the yen for the entire week.  It appears to be the among the narrowest weekly ranges since at least 2000.  The dollar is at the upper end of its recent ranges against the euro, yen, sterling, and Canadian dollar.  The question for many participants is whether the dollar is on the verge of a breakout.  Our reading of the technical condition suggests that while the ranges may fray, they will likely hold.  
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