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Overnight :Nasdaq the sole record maker

S&P and Dow close lower

After a few days where the major indices all closed at record levels, today only the Nasdaq is closing with gains. The Dow led the way to the downside.
Home Depot is weighing on the Dow after revenues and forward guidance disappointed today. The price is down $-13.06 or -5.47%.   Home Depot has the 4th highest component weight in the Dow at 5.78%, hence the big impact.
The final numbers are showing:
  • S&P index fell -1.87 points or -0.06% at 3120.17. The high price reached 3127.64. The low extended to 3113.47
  • Nasdaq index rose 20.722 points or 0.24% at 8570.66. The high reached 8589.758. The low extended to 8536.727.
  • Dow index fell -102.37 points or -0.37% at 27933.85. The high reached 28090.21. The low extended to 27894.52
Some winner for the day included:
  • AMD, +3.43%
  • Tesla, +2.75%
  • First Solar, +2.71%
  • Broadcom, +2.12%
  • Amgen, +1.77%
  • Visa, +1.73%
  • Mastercard, +1.58%
  • Intuitive Surgical, +1.52%
  • Intuit, +1.41%
  • Adobe, +1.20%
  • Pfizer, +1.18%
Some of the biggest losers included:
  • Slack, -8.40%
  • Home Depot, -5.47%
  • AT&T, -4.04%
  • Beyond Meat -2.96%
  • Qualcomm, -2.79%
  • Micron, -2.57%
  • Nvidia, -2.01%
  • Bristol-Myers Squibb, -2.0%
  • Chevron, -1.77%
  • Phillip Morris, -1.52%
  • FedEx, -1.30%

NASDAQ, S&P and Dow all close at record highs

Late rally kicks the S&P into positive territory

the major indices all closed positive on the day and that means record closes. The S&P was the closest at not reaching the milestone, but some late buying kicked the index into positive territory.  The NASDAQ and Dow had an easier time of it.
The unofficial closes are showing:
  • The S&P index +1.37 points or 0.04% at 3121.84. The high reached 3124.17. The low extended to 3112.06
  • The NASDAQ index +9.109 points or 0.11% at 8549.93. The high reached 8559.78. The low extended to 8503.625
  • The Dow close up 530.52 points or 0.11% at 28035.43. The high reached 28040.97. The low extended to 27969.24.
The major indices open lower and was under early pressure, but started to come back after word Pres. Trump and Fed Chair Powell had a private meeting in the private quarters of the White House (with Treasury Secretary Mnuchin).    Concerns about China were replaced by hopes that the Fed Chair might be convinced to cut rates down the road.
Disney continues to be a boost to the Dow. It rose $2.98 or 2.06%.
Other gainers today included:
  • Lyft, +4.37%
  • Nvidia, +3.99%
  • AMD, +3.5%
  • Netflix, +2.58%
  • Chipotle, +2.22%
  • Square, +1.59%
  • UnitedHealth, +1.3%
  • Facebook, +1.22%
  • Nike, +1.18%
  • Procter & Gamble, +1.14%
  • Walmart, +1.1%
Some underperformers today included:
  • Under Armour, -2.59%
  • Fiat, -2.31%
  • Schlumberger, -1.92%
  • Chevron, -1.71%
  • Bristol-Myers Squibb, -1.64%
  • Beyond Meat, -1.26%
  • Caterpillar, -1.2%
  • Gilead, -1.14%

Record closes for all three US indices to end the week

The Dow above 28000 for the first time ever.  Indices close at record all time high levels.

The major indices are closing at records. The Dow hits 28,000 for the 1st time ever and looks like my close above that level as well. The S&P index and NASDAQ index are also trading at record levels and closed at the highs.  It is hard to get any better than that.
The closing numbers are showing:
  • The S&P index up 23.73 points or 0.77% at 3120.37. That is the high for the day. The low for the day was down at 3104.60
  • The NASDAQ index is up 61.81 points or 0.73% at 8540.82. That too is the high for the day. The low for the day reached 8506.79.
  • The Dow close up 222.45 points or 0.80% at 28004.69. Yes. it too is at the high for the day.  The low for the day reached 27843.54.
Below are the percentage changes of the major North American and European indices today (along with their low to high ranges).
The Dow above 28000 for the first time ever.  Indices close at record all time high levels.  

For the week, the Dow was the biggest gainer of a sample of major indices. The Shanghai composite index was the biggest decliner at -2.52%.

The weekly percentage changes for the major global stock indices

US major indices close mixed/a little changed

The S&P squeezes out a new record high. The Dow just misses

The US major indices are closing the session mixed/little changed after a down and up session.
Although little changed, the major indices did stage a comeback from much lower levels intraday.
The final provisional closes are showing:
  • the S&P index +2.69 points or 0.09% at 3096.73. The high reached 3098.20. The low extended to 3083.26. The close was good enough for a new all-time record
  • The Nasdaq index lagged a bit behind. It close down -3.081 points or -0.04% at 8479.02. Its high price reached 8485 .35. The low extended to 8441.582. The NASDAQ has failed to make new highs for 2 consecutive days
  • The Dow closed down -1.63 points at 27781. 96. The high reached 27800.71. The low extended to 27676.97. The Dow close at a record yesterday. So the small decline today kept the index from a new record.

Below is a look at the % high, low and close for the North American and European major indices.  The major indices in the US close near session highs and well off session lows.

The S&P squeezes out a new record high. The Dow just misses

Dow and S&P close at all time records. Nasdaq does not.

Dow leads the way. S&P marginally higher.  Nasdaq marginally lower

The major US indices are ending the session mixed.
  • The Dow led the way with a gain of 92.10 points or 0.33% at 27783.59
  • The S&P index ended marginally higher by 2.20 points or 0.07% at 3094.04
  • The NASDAQ index fell -3.989 points or -0.05% at 8482.10.
The record-o-meter is showing both the Dow and S&P closing at record high levels. The NASDAQ index – despite reaching new all time intraday highs – did not sustain the gains,and therefore did not close at a new all-time record high.

Dow closes unchanged. Nasdaq closes at a record. S&P just short

Is unchanged in the Dow a record?

Does a “tie go to the runner” in stocks (that’s a baseball term). That is, a Dow that closes unchanged, does it make it a record close or because the record was already reached yesterday, is itnot a record?
Regardless of it being record or not, what we do know it is it is rare that the Dow ends the day spot on the level from the previous day. So lets relish that unusual occurence.
The Nasdaq however, did close at a record high with its gain today. The S&P fell short by a point or two today.
The final numbers are showing:
  • The S&P rose 4.83 points or 0.16% at 3091.84.
  • The NASDAQ index rose 21.814 points or 0.26% at 8486.09
  • The Dow ended same level as yesterday at 27691.49.
European shares today and higher with the exception of the Spanish Ibex.
Below is a graphical look of the percentage high percentage low in percent close for the major indices in North America and Europe today.

Overnight US Market : Dow record close

It could have been worse.

The US had a semi holiday today in observance of Veterans Day. The bond market was closed, government offices were closed (so no economic news). The US stock markets were open, however.
After opening lower and extending to the downside, a slow grind higher took the Dow into positive territory. The S&P and Nasdaq stilll ended down, but well off the lows.
The final numbers are showing:
  • The S&P index fell -6.07 points or -0.20% to 3087.01
  • The NASDAQ index fell -11.036 points or -0.13% t0 8464.27
  • The Dow rose 10.25 points or 0.04% to 27691.49.
The Dow gain was good enough for a record close once again. The S&P and NASDAQ which also closed at record levels on Friday, could not repeat the feat today.
Below is a graphical look at the percentage high, low, and close for the major indices in North America and Europe today.
The Dow closes at a new all-time record high

The S&P and Dow off highs but still close at record highs

All major indices close higher

The major stock indices closed off their high levels for the day as US/China trade deal details go back and forth.  However, they S&P and Dow still closed at record levels. The NASDAQ was higher but still off its record close level.
The final numbers are showing
  • S&P index, 8.42 points or 0.27% at 3085.20. The high reached 3097.77. The low extended to 3080.23
  • NASDAQ index +23.88 points or 0.28% at 8434.51. The high reached 8483.156. The low extended to 8415.87
  • Dow is up 182.24 points or 0.66% at 27674.80. The high for the day reached 27774.67 The low reached 27590.16
After the close, Disney EPS came in higher than expectations at $1.07 versus $0.95 estimate. The revenues came in at $19.10 billion versus $19.04 billion estimate.  Is the stock is trading at $136.00 after closing at $133.12.

No records today. Major indices close lower

Nasdaq leads the month charge forward

The major US stock indices are ending the day with declines but it could have been worse.
The final numbers are showing:
  • The S&P fell -9.21 points oro -0.30% at 3037.56. Yesterday was a record close. So the decline today is makes it easy. No record today.  The high price reached 3046.90 . The low was down at 3023.19.
  • The Nasdaq fell -11.617 points or -0.14% at 8292.35. The high reached 8321.80. The low extended to 8248.80
  • The Dow is closing down -140.46 points or -0.52% at 27046.23. The high reached 27188.37. The low extended down to 26918.29
The % changes of the major stock indices today
Today is also month end (Happy Halloween). The major indices are ending the month higher.
  • Dow, up 0.48%
  • S&P up 2.04%
  • Nasdaq up 3.66%.

For the year, the major indices are still showing strong gains after the down year in 2018.

  • Dow, +15.94%
  • S&P, +21.17%
  • Nasdaq, +24.97%.

US stocks close the session higher. Record close for the S&P

New record close for the S&P

The US stocks are closing the session higher after the FOMC cut rates by 25 basis points and Fed chair Powell said that rates would not go higher unless inflation goes higher.
  • The S&P index rose 9.88 points or 0.33% at 3046.77
  • The Nasdaq rose 27.125 points or 0.33% at 8303.97
  • The Dow rose 115.27 points or 0.43% at 27186.69.
In after hours, Facebook beat on the revenues and earnings-per-share
  • EPS $2.12 versus $1.91 expected
  • Revenues $17.65 billion versus an estimate $17.35 billion

Facebook shares are up 2.3% in volatile trading after the close.

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