US Market Archives - Page 43 of 155

7 Big Tech stocks Facebook, Apple, Netflix, Google, Microsoft, Amazon, Nvidia accounted for ~130% of latest increase in S&P 500 mkt cap. Still FANGMAN stocks have not yet taken out their peak rel to S&P 500. Now account for 25.8% of S&P500 mkt cap below peak of Sep2020 at 27.3%.

The major indices are closing at record levels.

Dow 238.34 points or 0.68% at 35,061.69. The previous record close was at 34987
S&P rose 44.33 points or 1.02% at 4411.81. The previous record close was at 4384.64
Nasdaq rose 152.39 points or 1.04% at 14,836.99. The previous record close was at 14733
Russell index rose 10.17 points or 0.46% at 2209.65

Other highlights for today:

The energy sector is the only sector lower today. Energy and utilities were lower this week
Facebook closes above $1 trillion market capitalization for the first time ever
Major indices rose for the fourth consecutive day
Dow closes above 35,000 for the first time ever

Next week is a huge week for earnings.

Companies expecting to announce include:

For the week, month and year to date:

Dow rose 1.09% for the week. For the month the Dow is up 2.54%. Year-to-date 14.57%
NASDAQ rose 2.83% for the week. For the month the NASDAQ is up 3.24%. Year-to-date 15.11%
S&P rose 1.96% for the week. For the month the S&P is up 3.41%. Year-to-date 17.47%

The major stock indices are all surging into the close and closing near their highs for the day

The final numbers are showing:

Energy related stocks were some of the big gainer is along with financials. Looking at the Dow 30 the big gators included:

The biggest decline or in the Dow included:

Other big gainers today included:

Big losers today included:

The major indices are all closing lower but off their lowest levels

Russell 2000, Dow transports down 10+ percent from the highs
NASDAQ down for the fifth consecutive day. Longest losing streak since October 2020
Energy sector sags as oil prices tumble. Crude oil has its worst day since September 2020
All 11 sectors of the S&P are lower. Technology fell 1.39%, discretionary fell -1.12%. Energy fell -3.60%. Financials fell -2.79%. Materials fell -2.17%.
All 30 Dow stocks are lower. It is the worst day of the year for the Dow and the worst day since October
S&P and NASDAQ has the worst day in 2+ months
The S&P index dipped below its 50 day moving average but has rallied above the level into the close

A look at the closes shows

S&P index -68.65 points or -1.59% at 4258.51. That is above its 50 day moving average at 4240.31. The low dipped to 4233.13 before rebounding modestly into the close . The high reached 4296.40.
Nasdaq fell -152.25 points or -1.06% at 14274.98
Dow fell -725.81 points or -2.09% at 33962.04
Russell 2000 fell -32.54 points or -1.48% at 2131.22

The biggest Dow decliners were: