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US MARKET : S&P on a 4 day winning streak. Dow on a 3 day streak

NASDAQ pushes higher and erases declines.

The major indices are closing higher on the day with the Dow industrial average leading the way today with a 0.62% gain. IT is the 3rd day in a row that the Dow has moved higher.
The S&P is on a 4 day winning streak. It closed up 0.58%.
The final numbers for the day are showing:
  • S&P index up 18.76 points or 0.58% at 3276.06
  • NASDAQ index up 25.765 points or 0.24% at 10706.12
  • Dpw up 165.33 points or 0.62% at 27005.73
Microsoft has reported better top line and bottom line numbers after the close. The revenues came in at $38.0 billion vs. estimate of $36.54 billion
The earnings-per-share came in at $1.46 vs. estimate of $1.37.
Microsoft shares are trading down 2.19% in early after close trading at $206.65. Shares closed at $211.75.

Knight's Trading loss

Going around Wall Street last week….

Knight lost $440mil in ~45 minutes
That works out to ~$9.8mil a minute
Just for an idea of the speed at which they lost the money… they were losing money FASTER than the entire S&P was making it! (and we’re just talking Revs here not net income!)
The 500 names in the S&P made $5.06T in the trailing 12 months
Here is the math…
 S&P trailing 12 Revs  $5,062,957,971,936
 per day                  $13,871,117,731
 per hour                    $577,963,239
 per min                       $9,632,721
 Knight loss                 $440,000,000
 per minute                    $9,777,778