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S&P and NASDAQ closed at record highs once again

  
Analysis, US Market
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S&P index and NASDAQ go out near highs as well

The S&P and NASDAQ index are closing at record highs once again. The broader indexes also traded to new all time high prices today.  The Dow industrial average close lower her by Apple and Boeing.

The final numbers are showing:
  • S&P index rose 12.37 points or 0.36% to 3443.65. That was just off the all-time high price of 3444.21
  • Nasdaq index closed up 86.755 points or 0.76% at 11466.47. It’s new all time high price reached 11468.25
  • Dow industrial average fell -60.02 points or -0.21%to 28248.44. It’s high reached 28400.74 .
Salesforce after the close is reporting better-than-expected earnings on the top and bottom line.  EPS came in at $1.44 vs. $0.66 estimates. Revenues come in at $5.15 billion vs. an estimate for $4.9 billion. There shares are up over 7% in after-hours trading.
Salesforce was 1 of the 3 stocks added to the Dow industrial average (along with Honeywell and Amgen).  The 3 stocks replace Exxon Mobil (down -3.38%), Pfizer (-1.11%) and Raytheon (-1.5%).
Intuit it is also posting better-than-expected earnings on the top and bottom lines. There shares are up 4.52% in after-hours trading.

S&P and NASDAQ closed at record levels. All sectors of the S&P rise

  
Analysis, US Market
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Dow leads the way with a 1.36% gain. Closes within 50 points of the end of December closing level

the S&P index and the NASDAQ index close at records.  All sectors of the S&P closed higher. The Dow industrial average closed within 50 points of the 2019 closing level. The price is not traded above its record closing level since February 21, 2020.
The final numbers are showing:
  • S&P index rose and 34.15 points or 1.01% at 3431.31. It’s high price reached 3432.09.
  • NASDAQ index rose 67.918 points or 0.60% at 11379.72. It’s high price reached 11462.05.
  • The Dow industrial average rose 378.13 points or 1.35% to 28308.46. That The price within 50 points of its 2019 closing level of 28358.44.
Airline stocks were big winners today:
  • United Airlines rose 9.9%
  • Delta Air Lines rose 9.28%
  • Southwest Airlines rose 6.49%
Boeing was also a big winner with a gain of 6.42%.
Financials also outperformed with the major banks and investment banks rising over 2%:
  • Wells Fargo, +3.68%
  • Citigroup, +3.59%
  • PNC financial, +3.21%
  • Bank of America, +2.84%
  • J.P. Morgan, +2.82%
  • Morgan Stanley, +2.5%
  • Goldman Sachs, +2.41%
  • Charles Schwab +1.97%
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