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Stocks closed little changed. Stocks enjoy the best week since April

  
Analysis, US Market

NASDAQ closes up 9% for the week

The major indices are closing little changed.
  • The NASDAQ index closed marginally higher for the 5th consecutive day
  • the S&P index fell marginally snapping a 4 day winning streak
  • the Dow industrial average also fell snapping its 4 day winning streak
  • major indices have their best week since April
  • NASDAQ winning streak is the longest since August
A look at the final numbers are showing:
  • S&P index, -0.98 points or -0.03% at 3509.47. The high price reached 3521.58. The low price extended to 3484.34
  • NASDAQ index rose 4.3 points or 0.04% at 11895.23. The high price reached 11920.54. The low price extended to 11737.13
  • Dow industrial average fell 66.78 points or -0.24% at 28323.46. The high price reached 28431.96. The low price extended to 28189.50
For the week:
  • S&P index rose 7.32%
  • NASDAQ index rose 9.01%
  • Dow industrial average rose 6.87% despite today’s decline

Stocks up for the 4th straight day. NASDAQ gains 2.5%

  
Analysis, US Market
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Dow, S&P and NASDAQ on track for the best week since April

The major stock indices closed sharply higher for the 4th consecutive day. The Dow, S&P and NASDAQ on track for the best week since April:
  • 10 of the 11 sectors of the S&P closed higher with energy dipping into the negative at the close
  • Dow closes less than 1% below its 2020 breakeven level
  • NASDAQ index is up close to 9% for the week
  • NASDAQ closes less than 2% from the all-time high
  • S&P index closes 2% from its all-time high
  • the S&P index is up 7.4% for the week (was down around 6% last week)
  • 4 straight days higher
The final numbers are showing:
  • S&P index up 67.01 points or 1.95% at 3510.45
  • NASDAQ index up 300.14 points or 2.59% at 11890.92
  • Dow industrial average up 542.52 points or 1.95% at 28390.18
Some oversize winners today included:
  • Qualcomm, +12.79%
  • FirstSolar, +8.91%
  • Papa John’s +8.12%
  • United Airlines +6.0%
  • Southwest Airlines +5.42%
  • American Airlines +5.32%
  • PayPal +5.3%
  • Caterpillar +5.12%
  • J.P. Morgan, +4.05%
  • Bank of America, +3.89%
  • Salesforce, +3.85%
Some losers today included:
  • AliBaba, -2.76%
  • Northrop Grumman, -2.6%
  • Bristol-Myers Squibb, -2.54%
  • Exxon Mobil, -2.11%
  • Lockheed Martin, -1.96%
  • Pfizer, -1.52%
  • Phillip Morris, -0.85%
  • Gilead, -0.4%
  • Snowflake, -0.3%
  • Boston Scientific,

Major indices up for the 3rd straight day. Rise despite election uncertainty

  
Analysis, US Market

But problems with the small-cap. Russell 2000 index closes unchanged.

The major indices closed sharply higher despite the uncertain election outcome. The  NASDAQ index led the way to the upside. Some highlights for the day include:
  • Major indices closed higher for the 3rd straight day.
  • S&P closed as highest level since June 5
  • NASDAQ leads the way changed. Best day nearly 7 months
  • small-cap Russell 2000 index closes near unchanged
  • record close for S&P healthcare sector
  • Dow industrial average is on track for its best week since June
  • S&P and NASDAQ on track for the best week since April
The final numbers are showing:
  • S&P index rose 74.28 points or 2.2% at 3443.44
  • NASDAQ index rose 430.20 points or 3.85% at 11590.78
  • Dow industrial average rose 367.63 points or 1.34% at 27847.66
  • the Russell 2000 index closed up 0.02% (call it unchanged)
The European shares also rose with the France’s CAC leading the way with a 2.44% gain.
Below is a look at the major indices ranges and changes for the days trading:
But problems with the small-cap. Russell 2000 index closes unchanged.

Dow industrial average leads the way to the upside

  
Analysis, US Market

Dow has best day since October 7 but off intraday high of +541 points

The major indices closed higher with the Dow industrial average leading the way to the upside.
  • Dow 30 had his best day cents October 7. Honeywell and Walgreens leads the charge in the industrials
  • Stocks close higher for the 2nd time in 3 days
  • All 11 sectors of the S&P closed higher
The final numbers are showing:
  • S&P index rose 40.18 points or 1.23% at 310.14
  • NASDAQ index closed up 46 points or 0.42% at 10957.62
  • Dow industrial average closed up 423 points or 1.6% at 26924.60

US indices close lower but rebound into the close eases the pain

  
Analysis, US Market
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NASDAQ index leads the way to the downside

The major indices are closing lower on the day but did rebounded into the close which eased some of the downside pain.
  • Dow close that is lowest level since July 31
  • Amazon, Apple close over 5% lower. Apple closes 20% below its all-time high
  • Twitter plunged 21%
  • Facebook fell -6.3%
  • Major indices post the 2nd straight monthly declines
  • Dow has it’s worst month since March
  • NASDAQ closes nearly 10% below its all-time high
  • S&P closes just 1.21% from the 2019 close
  • S&P closes 9% from all time high
The final numbers are showing:
  • S&P index fell -40.15 points or -1.21% at 3269.96
  • NASDAQ index fell -274 points or -2.45% at 10911.59
  • Dow industrial average fell 157.51 points or -0.59% at 26501.68
Looking at the ranges and changes for the major indices in North America and Europe, Portugal led the way to the upside. Other gainers were the France’s CAC, Spain’s Ibex, and Italy’s FTSE MIB. The NASDAQ index was the biggest loser for the day.
For the week,
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