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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%

Novavax will begin human testing of its coronavirus vaccine …in Australia

Novavax says it has begun enrolling participants in first human study of its coronavirus vaccine

  • The company says it’ll test vaccine safety, immune responses in about 130 healthy adults in Australia
  • expects initial results in July
  • to expand study to US if promising

The big problem I see here is how to begin the pump and dump scheme if NASDAQ is closed for the holiday?

Novavax is a US vaccine development company.

Novavax says it has begun enrolling participants in first human study of itscoronavirus vaccine