The major US stock indices closed lower on the day with the Nasdaq stocks leading the way lower. For that index, it nearly gave back all its 219 point gain from yesterday (it fell -214 points today). The Dow and the S&P also closed in the red (and the Russell 2000 as well).

The final numbers are showing:

• Dow fell -96.71 points or -0.29% at 33794.65
• S&P fell -23.03 points or -0.53% at 4363.50
•  Nasdaq  fell -214.06 points or -1.56% at 13517.95
• Russell 2000 fell -26.46 points or -1.29% at 2032.41

Both the S&P and Nasdaq found sellers against their respective 200 hour MAs at their session highs today – keeping the sellers in control.

The major US indices shrugged off sharply higher rates, sharply higher oil and commodity prices and are closing with solid gains.

• Dow, S&P and Nasdaq all up for the 1st time in 3 days
• S&P and Dow snap 2 day losing streak.
• Dow was up 719 points at the high. Close up around 600 points
• Russell 2000 leads with a gain over 2.5%
• Nasdaq is still 15% from its all time high

The final numbers are showing:

The major US indices are all closing sharply lower with the declines of -1.5% or more.

Higher commodity prices pose a risk for higher inflation going forward. Continue tension in Ukraine, and tumbling rates all helped to contribute to a declining environment in US equities.

• The major US indices are closing mixed. The NASDAQ index close higher for the third consecutive day as did the Russell 2000. The S&P and Dow snapped their two day up streak.

A look at the close is showing:

• Dow industrial average minus 168.72 points or -0.50% at 33890.02
• S&P index -10.87 points or -0.25% at 4373.77
•  NASDAQ  index +56.78 points or 0.41% at 1375.41
• Russell 2000 up 7.156 points or 0.35% at 2048.08

• Cathie Wood’s ARK Innovation rose $2.65 or 3.91% to $70.47. That index is up 22.4% from the low reached on Thursday (low was at $57.55 and closed today at $70.47 – up $12.92). That is the good news. The not so good news is the index fell from $125.86 to $55.50 ($-70.36)
• Tesla rose 7.48% and it is up 24.38% from Thursday’s low. That low reached $700 before bouncing up and closing today at $870.43.
• Crowdstrike Holdings rose $13.46 or 7.41% to $195.21. That cybersecurity stock rose along with Palo Alto Networks (+4.3%) and Fortinet (+6.02%) also in the cybersecurity space.

The lowlights today included the financials:

• Deutsche Bank, -7.51%
• Citigroup, -4.49%
• JPMorgan -4.14%
• Morgan Stanley, -4.05%
• Goldman Sachs, -2.53%

Airlines were also lower:

• Delta Airlines, =3.90%
• United Airlines, -3.16%
• Southwest Airlines, -2.99%

The major indices have put together back-to-back up days with the Dow leading the way and having it’s best day in 2022. The gains come despite risk of more unrest in Ukraine as Russia surrounds the capital city of Kyiv.

The final numbers are showing:

The major US indices reversed their sharp declines on the back of Russia’s invasion of Ukraine and are all closing higher. The huge reversal snapped losing streaks for the major indices. Some day fact include:

• NASDAQ rates day -3.45% decline, and close higher for the first time in six trading days
• Dow industrial average erased day -859.12 point decline and also close higher for the first time in six trading days
• S&P index traded down -2.63% before snapping back and closing up 1.50%. It snapped a four-day losing streak
• Russell 2000 index also erased sharp declines

A look at the final numbers shows:

The major US indices are closing near session lows, and in the process is extending the losing streaks:

• Dow and  NASDAQ  are down for the fifth consecutive day
• S&P is down for the fourth consecutive day
• NASDAQ is closing near its all-time – 20% off it’s all-time intraday high
• S&P index is closing near -12% off its all-time intraday high

A look at the closing numbers shows:

• Dow industrial average down -464.87 points or -1.38% at 33131.77
• S&P index down -79.28 points or -1.84% at 4225.49
• NASDAQ index down -344.02 points or -2.57% at 13037.50
• Russell 2000 down -36.08 points or -1.82% at 1944.092

Some of the big losers today included:

• Rackspace -12.81%
• AirBNB -9.2%
• Rivian, -7.79%
• Tesla, -7.0%
• Moderna, -6.37%
• Beyond Meat, -6.21%
• Snowflake, -5.65%
• United Airlines -5.33%
• Roblox, -5.19%
• Zoom, -5.14%

Within the Dow 30:

• Cisco -3.3%
• Microsoft -2.59%
• Apple -2.59%
• salesforce -2.42%
• Visa -2.4% Home Depot -2.39%
• Caterpillar -2.38%
• J.P. Morgan -2.04%
• Honeywell -1.97%

The pain to the downside continues especially for the NASDAQ stocks

The major US stock    indices  are all closing lower. Russia/Ukraine tensions escalate which lead to the continuation moved to the downside

• The Dow industrial average and    NASDAQ  index are down for the fourth consecutive day
• The S&P index is down for the third consecutive day.
• The Dow and Russell 2000 lead the way to the downside today with declines of over 1.4%

A look at the final numbers shows:

• Dow fell -482.57 points or -1.42% at 33596.62
• S&P fell -44.15 points or -1.01% at 4304.77
• Nasdaq fell -166.54 points or-1.23% at 13381.53
• Russell 2000 fell -29.16 points or -1.45% at 1980.30

The Biden administration announced that the US would impose sanctions on:

• Two Russian banks
• On Russian elites, family members
• On Russian sovereign debt

There could be more to come if things continue to escalate.

The markets tried to rally after Bidens speech, but the momentum faded into the close.