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S&P and NASDAQ close at record highs

51st record close for the S&P today

The S&P and Nasdaq is closing at yet another record close
  • For the S&P it is the 51st record close for the year.
  • The S&P and Nasdaq have closed higher for the 5th consecutive day
  • The Dow is up for the 4th day in a row.
  • Dow is less than 1% from its all-time high

The final numbers are showing:

  • The Dow rose 39.24 points or 0.11% at 35405.50
  • The S&P rose 9.96 points or 0.22% at 4496.19
  • the NASDAQ index rose 22.06 points or 0.15% at 15041.86
  • Russell 2000 rose 8.36 points or 0.37% at 2239.27
Financials, energy, industrials led the way to the upside, while healthcare, consumer staples, real estate and technology lagged.
Some specific winners included:
  • Western Digital, +7.87%
  • Uber, +3.41%
  • American Express, +3.11%
  • Micron, +2.8%
  • Novavax, +2.21%
  • JP Morgan, +2.06%
  • PNC financial, +1.96%
  • Delta Airlines, +1.92%
  • Wells Fargo, +1.92%
  • Nvidia, +1.88%
Some specific losers included:
  • express, -11.43%
  • Koss, -6.6%
  • Game Stop, -4.9%
  • Blackberry, -3.24%
  • Palantir, -2.91%
  • Tencent, -2.57%
  • Biogen, -1.89%
  • Pfizer, -1.82%
  • Beyond Meat, -1.6%
  • Alibaba, -1.51%

S&P and NASDAQ close at record highs

Russell 2000 leads the way with a gain of 1%

The S&P and NASDAQ are both closing at record high levels.

  • S&P and NASDAQ up for the fourth consecutive day
  • Russell 2000 leads Way with a 1% gain
  • Dow rises for the second consecutive day
  • NASDAQ index closed above the 15,000 level for the first time ever
  • Energy (+1.7%), discretionary and materials led the gains
  • Consumer staples (-0.8%), real estate (-0.7%), utilities (-0.7%) saw the declines
The final numbers are showing:
  • Dow industrial average rose 30.55 points or 0.09% at 35366.26
  • S&P index rose 6.7 points or 0.15% at 4486.23
  • NASDAQ index rose 77.14 points or 0.52% at 15019.79
Meme, Chinese companies and reopening stocks did better:
  • Game Stop, +27.66%
  • AMC +20.15%
  • AirBNB, +9.89%
  • BlackBerry, +9.62%
  • Tencent, + 9.26%
  • Robinhood, +8.85%
  • Crowdstrike, +8.07%
  • Alibaba, +6.6%
  • Goodrx, +5.74%
  • Roblox, +4.92%
  • FireEye, +4.72%
  • Koss, +4.64%
  • Bed Bath & Beyond, +4.53%
  • Southwest they are, +4.31%
  • Chewy, +4.29%
Losers included:
  • Traeger, -9.49%
  • Novavax, -7.09%
  • Moderna, -4.11%
  • Pfizer -3.10%
  • Western Digital -2.39%
  • Uber,-2.05%
  • General Mills, -1.96%
  • First Solar, -1.6%
  • snap, -1.15%
  • AMD, -1.03%
  • Home Depot, -0.9%
  • Nvidia, -0.77%
  • Costco, -0.71%
  • Microsoft, -0.65%
  • Gilead, -0.41%

Solid gains for stocks as investors cheer FDA approval of Pfizer Covid vaccination

S&P and NASDAQ close at record levels

The US major indices had a solid gains today led by the NASDAQ index which increased 1.54%. The Russell 2000 also had a solid gain of near 1.9%.

The gains were help by the FDA’s full approval of the Pfizer Covid vaccination. The hope is that those who have remained unvaccinated will be encouraged to get vaccinated now, and also that businesses and local governments, etc. will start to force workers to get the approved Pfizer vaccination.
Highlights:
  • NASDAQ closed at a record high
  • the S&P and NASDAQ hit new all-time intraday record levels. The S&P could not stay above its previous record closing level.
  • Dow is up for the second straight day
  • NASDAQ and S&P client for the third straight day
the final numbers are showing:
  • Dow up 215 points or 0.61% at 35335.71
  • S&P index up 37.84 points or 0.85% at 4479.51
  • NASDAQ index up 228 points or 1.55% at 14942.65
  • Russell 2000 up 40.70 points or 1.88% at 2208.30

NASDAQ the big winner today but major indices close lower for the week

All 11 sectors higher

The major indices all closed higher for the day led by the NASDAQ index which rose 1.17%.
  • All 11 sectors of the S&P are higher
  • indices close near the session highs
  • Dow snaps a three-day losing streak
  • S&P and NASDAQ close up for the second consecutive day
  • major averages post weekly losses
  • Dow has its worst week since mid-June
  • NASDAQ had its best day in four weeks
the final numbers are showing
  • Dow industrial average rose 225.50 points or 0.65% at 35120.08
  • S&P index rose 35.86 points or 0.81% at 4441.66
  • NASDAQ index rose 172.88 points or 1.19% at 14714.66
  • Russell 2000 index gained will 35.18 points or 1.65% at 2167.60
Technology and utilities led the gains today. Consumer staples and energy lagged but still closed higher on the day.
For the week:
  • Dow industrial average fell -1.11%
  • S&P index fell -0.61%
  • NASDAQ index fell -0.73%
For the Dow 30 stocks, the big winners today were:
  • Microsoft, +2.52%
  • Home Depot, +1.96%
  • Cisco, +1.68%
  • Walgreens, +1.58%
  • Nike, +1.32%
  • Salesforce, +1.21%
The laggards today were led by:
  • Intel -0.82%
  • Amgen, -0.39%
  • Coca-Cola, -0.39%
  • Visa, -0.11%
  • Honeywell, -0.04%
  • Chevron, -0.02%

US Major indices close lower but it could’ve been worse

No new records today

The major US stock indices all closed lower, snapping the record close string at five.

  • Dow has its worst performance since August 4
  • S&P has its largest decline in nearly a month
  • NASDAQ posts a two day declinne
  • S&P and Dow snap a five day win streak/5 days of record closes
  • The Dow was down over 500 ppoints at it’s lows
  • Consumer Discretionary -2.31%
  • Industrials –1.06%
  • Communication services -0..99%
  • Energy -0.92%
  • Technology fell -0.87%
  • Healthcare rose 1.12%
  • Consumer staples rose 0.34%
The final numbers are showing:
  • S&P index -31.46 points or -0.70% at 4448.25. The index at its low was down -1.39% or -62.14 points
  • NASDAQ felt -137.58 points or -0.93% at 14656.18. The index was down -242.9 points or -1.64% at it’s lows
  • Dow fell -282.122 points for -0.79% at 35343.28. It’s low price was down  -505.009 points or -1.42%
  • Russelll 2000 fell -26.24 points or -1.19% at 2177.17

Euro Stoxx index falls for the first time in 11 trading sessions

European indices move lower today

The major European indices have closed lower today.

  • The Euro Stoxx index fell for the first time in 11 trading sessions (10 higher closes).
  • The German Dax came off of a record levels.
  • The France’s CAC could not reach its all-time high from 2000
A look at the provisional closes shows:
  • German DAX, -0.5%
  • France’s CAC, -0.9%
  • UK’s FTSE 100, -1.0%
  • Spain’s Ibex, -0.83%
  • Italy’s FTSE MIB, -0.85%
The Euro Stoxx index fell -0.7%.
In other markets as London/European traders look to exit:
  • Spot gold plus $5.50 or 0.32% at $1784.85.
  • Spot silver is up for cents or 0.21% $23.75
  • WTI crude oil futures are down $0.35 or -0.49% at $67.60
  • bitcoin is trading down $773 at $46,248. The digital currency traded above $48,000 today
In the US stock market, the major indices are lower but off their lowest levels:
  • Dow is down -79 points or -0.22% at 35436
  • S&P index is down -16.29 points or -0.36% at 4451.53
  • NASDAQ is down 125 points -0.85% 14697.65
In the forex market, the CHF is now the strongest of the majors while the CAD remains the weakest. The USD is mixed with gains vs the CAD, AUD and NZD and declines vs the JPY and CHF. The greenback is near unchanged levels vs the EUR and GBP.

S&P/Dow closes at a record level. NASDAQ breaks two day slide

Russell 2000 moves lower

Dow and the S&P closed at record highs once again (3rd day in a row) after reaching new intraday record highs as well. The NASDAQ index broke a two day slide.
The final numbers are showing:
  • Dow up 14.74 points or 0.04% at 35499.61
  • S&P up 13.12 points or 0.29% at 4460.82
  • NASDAQ up 51.12 points or 0.35% at 14816.26
S&P posted to 47th record close for the year.
Dow closed at its it 33rd record close for the year.

Major indices close mixed. Dow down. Nasdaq higher.

Dow moves down over -300 points. S&P down after record close yesterday

The major indices are closing mixed.
  • NASDAQ closes with a three day win streak
  • S&P closes lower after yesterday’s record close
  • Dow, S&P close near session lows
  • Dow was down -325 points at the low. Close just off that low level
  • Dow has its worst day in more than two weeks
  • Russell 2000 closes at session lows
  • communications +0.24%, technology +0.19% show gains
  • energy -2.9%,industrials -1.37%, consumer Staples -1.26%, materials -1.26% we the declines

The final numbers are showing

  • Dow industrial average -323.34 points or -0.92% at 34793.06
  • S&P index -20.46 points or -0.46% at 4402.69
  • NASDAQ index up 19.24 points or 0.13% at 14780.53
  • Russell 2000 fell -27.24 points or -1.23% at 2196.34
If you were an investor in RobinHood, you are saying, “what declines?”.
Those shares of the retail broker surged higher today and reached an intraday high of $85, before moving lower. The price still closed at $70.39, up $23.59 or 50.41% on the day.
Recall the shares went public on Thursday at $38 share and close the first day at $34.82.
Other big gainer today included:
  • Novavax, +18.68%
  • Zoom, +6.91%
  • AMD, +5.5%
  • Roblox, +5.39%
  • Snap, +4.82%
  • Tencent, +4.28%
  • Chewy, +3.94%
  • Crowdstrike, +3.87%
  • Nvidia, +2.33%
The biggest Dow gainer (there were only 2 of 30) were:
  • salesforce, +1.26%
  • Nike, +0.42%
Losers today included:
  • AMC, -11.18%
  • GM, -8.95%
  • Koss, -7.17%
  • Worthington industries -5.18%
  • Ford Motor, -4.99%
  • Bed Bath and Beyond, -4.67%
  • Schlumberger, -4.46%
  • Snowflake, -3.95%
  • Gamestop, -3.78%
  • Delta Air, -3.57%
  • Southwest Air, -3.46%
The biggest Dow losers were:
  • Amgen, -6.46%
  • Chevron, -2.26%
  • Dow, -1.99%
  • Walgreens, -1.98%
  • Caterpillar, -1.89%

US stocks close session with mixed results

Dow Jones, S&P give up gains and close in the red. NASDAQ closed mostly higher

The US stock market lost steam into the close with Dow industrial average and the S&P 500 closing in the red and giving up earlier gains. The NASDAQ index squeaked out a small gain on the day.

The final numbers are showing:
  • Dow industrial average -97.11 points or -0.28% at 34838.36
  • S&P index -8.11 points or -0.18% at 4387.15
  • NASDAQ index rose 8.39 points or 0.06% at 14681.07
  • Russell 2000 index fell -10.75 points or -0.48% at 2215.50
As the day went by, lower yields on the back of expectations of slower growth due to the Covid Delta variant, started to weigh on the major indices.  The Dow industrial average was up as much as 256.64 points. The S&P index was up as much as 25.64 points and the NASDAQ index is up as much as 97.7 points before reversing back to the downside and closing near the lows for the day.

The Dow industrial average closes at another record high

NASDAQ snaps four days losing streak.

The US stocks rallied into the close with the Dow ending the session at a new record and at the highs of the day. The index is closing up 315.76 points for the fourth higher close in as many days. The NASDAQ index is also closing higher for the first time in five trading days.
A snapshot of the final numbers are showing:
  • Dow industrial average rose 318.19 points or 0.93% at 34548.53. The high reached 34561.29
  • S&P index rose 33.51 points or 0.8% at 4201.10. The high reached 4202.80
  • Nasdaq index closed up 50.42 points or 0.37% at 13632.84. The high reached 13635.74
The Russell index eked out a tiny gain by closing up 0.05 points or 0.002% at 2241.42.
At the lows:
  • Dow was down -45.28 points or -0.13%
  • S&P was down -20.09 points or -0.48%
  • Nasdaq was down -143.03 points or -1.05%
  • Russell 2000 index traded down -42.37 points or -1.89%
The major indices snatch victory from the jaws of defeat today.  Tomorrow the nonfarm payroll report (and other employment statistics) will be released at 8:30 AM ET.

NASDAQ snaps four days losing streak.

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