Archives of “Stock market downturn” tag

rss

Dow tumbles more than 1000 points. Worst day since Feb 8, 2018

  
Analysis, US Market
#  #  #  #  #  #  #  #  #  #

S&P worse day since December 2018

The Dow is closing down over 1000 points on the day. It is the workstations February 8, 2018. The S&P index at its worst day since December 2018.  The Dow, S&P and Nasdaq each fell over 3.3% on the day with the NASDAQ hit the hardest at -3.71%.
The Dow and the S&P are now negative on the year:
  • Dow -2.02%
  • S&P index, -0.15%
  • The Nasdaq index is still up on the year at +2.77%
The final numbers are showing:
  • S&P index -111.82 points or -3.35% at 3225.93.  The low price for the day reach 3214.65. The high extended to 3259.81.
  • Nasdaq index fell minus 355.309 points or -3.71% at 9221.28. The low for the day reached 9166.00. The high reached 9322.879.
  • Dow fell -1031.33 points or -3.56% at 27961. The low for the day reached 27912.44. The high for the day was up at 28402.93

Big losers on the day include:

  • United health, -7.87%
  • AMD, -7.83%
  • Tesla, -7.49%
  • Schlumberger, -7.4%
  • Nvidia, -7.13%
  • Delta airlines -6.31%
  • Twitter, -6.29%
  • Wynn Resort, -6.03%
  • Intuitive Surgical -5.38%
  • Morgan Stanley, -5.21%
  • Charles Schwab, -5.19%
  • FedEx -5.16%
  • Citigroup, -5.10%
  • American Express, -4.97%
  • Cisco, -4.95%
  • Visa, -4.82%
Are there any winners today?
  • Gilead, +4.66%
  • US steel, +1.73%
  • Chewy, +1.3%
  • First Solar, +1.25%
  • Verizon, -0.3%. Verizon was the strongest of the Dow 30 stocks
  • General Mills only fell -0.37%

 

The NASDAQ and S&P close at record levels

  
Analysis, US Market
#  #  #  #  #  #  #  #

Give up most of gains. Dow ends unchanged

The NASDAQ and S&P index are closing at record levels. That is the good news. The bad news is the major indices are closing well off the highs for the day.
The final numbers are showing:
  • The S&P index is closing up 5.68 points or 0.17% at 3357.77. The high reached 3375.63. The low extended to 3352.72
  • The the NASDAQ index is closing up 10.552 points or 0.11% at 9638.94. The high reached 9714.738. The low extended to 9617.211
  • The Dow fell -0.48 points to 29276.34. The high reached 29415.39. The low extended to 29210.47.
At the highs, the S&P index was up 0.70%, the NASDAQ index was up 0.90% and the Dow industrial average was up 0.47%.

Stocks end ugly as weekend coronavirus fears can’t slow the slide

  
Analysis, US Market
#  #  #  #  #  #  #  #  #  #  #  #

Dow down -600 points/-2.09%

The US stocks end an ugly day near the lows for the day. The Dow industrial average fell by over 600 points/2%. It was the worst day since August 23.  Moreover the Dow ended the month lower for the 1st time in 5 months. For the S&P it had their worst day since October 2 . The Dow ended the month lower for the 1st time in 5 months.  The S&P and NASDAQ had their worst start to the year in 5 years.  You get the picture.

The final numbers are showing:
  • S&P fell -58.14 points or -1.77% to 3225.52
  • Nasdaq fell -148 points or -1.59% to 9150.94
  • Dow fell -603.41 points or -2.09% to 28256.03.
For the month, the Nasdaq did still and positive for the month, but the S&P and Dow closed the month lower.
  • S&P, -0.16%
  • Nasdaq, +1.99%
  • Dow, -0.99%
In Europe today the major indices also closed near session lows. On what happened and Portugal but the PSI 20 did peek out a gain for the day.
Dow down -600 points/-2.09%

Major indices give up early gains on coronavirus fear

  
Analysis, US Market
#  #  #  #  #  #  #

Nasdaq snaps 7 week win streak.

The major indices give up early gains on coronavirus concerns and are ending the day lower.  For the week, the NASDAQ index snapped a 7 week winning streak and is ending down on the week. The Dow is in the midst of a four-day losing streak.
The final numbers are showing:
  • The S&P index -30.09 points or -0.90% at 3295.45. The high reached 3333.18. The low extended to 3281.53
  • The Nasdaq index fell -87.568 points or -0.93% at 9314.91. The high reached 9451.43. The low extended to 9273.23
  • The Dow closed down -171 points or -0.58% at 28989.73. The high reached 29288.79. The low extended to 28843.31.
For the week, the major indices all closed in the red:
  • Dow industrial average, -1.05%
  • S&P index, -0.64%
  • NASDAQ index, -0.45%
Apart from the German Dax and the Australia’s S&P/ASX 200, the major global indices end the week negative (see charts below).
Major indices closed mostly lower this week

US equities close higher again with a strong finish to cap a great week

  
Analysis, US Market
#  #  #  #  #  #  #  #  #

US equity performance on Friday

  • S&P 500 up 13 points to 3329 or +0.4%
  • DJIA +0.2%
  • Nasdaq +0.3%
On the week:
  • S&P 500 +1.9%
  • DJIA +1.8%
  • Nasdaq +2.3%
The gains have been non-stop in large caps but it hasn’t been quite the same party in small and mid-caps. I’ll be watching the Russell 2000 in the weeks ahead as it approaches resistance.
US equity performance on Friday

The major indices end the week with modest gains. Dow and S&P broke 3 day slides

  
Analysis, US Market
#  #  #  #  #  #  #

For the week, the major indices moved lower

The major indices are ending the week with modest gains. The Dow and S&P ended a three-day slide.
  • S&P index rose 6.64 points or 0.21% at 3110.18.
  • NASDAQ index rose 13.68 points or 0.16% at 8519.89
  • Dow rose 107.32 points or 0.39% at 27873.68
For the week, the major indices closed lower. The NASDAQ index is closing lower for the 1st time in 7 weeks.  The declines were relatively modest. The numbers are showing:
  • S&P index, -0.33%
  • Nasdaq index, -0.25%
  • Dow, -0.47%
Overall, if this is a down week, it certainly was not a disaster.

US stocks end near the lows but give up gains

  
Analysis, US Market
#  #  #  #  #  #  #  #

Early declines still holding the lows

The US stocks are ending the day near, but above) the day’s lows (from earlier in the day) but they gave up gains in the processs in what was an up and down day.
The final numbers are showing:
  • The S&P index fell -13.22 points or -0.45% at 2938.79. The high reached 2959.75. The low extended to 2935.68
  • The NASDAQ index fell -26.181 points or -0.33% at 7956.29. The high reached 8013.316. The low extended to 7942.08
  • The down industrial average fell -95.70 points or -0.36% at 26478. The high reached 26655.84. The low extended to 26424.54

The NASDAQ index closed below its 100 day moving average at 7967.39. The index close back above that MA on Friday. Failure to keep the momentum to the upside going is a disappointment for the bulls.

The S&P index remains above its 100 day moving average at 2928.07, but is closing below its 50 day moving average at 2940.64

US Indices close the day down and also close lower on the week

  
Analysis, US Market
#  #  #  #  #  #  #  #  #

Nasdaq falls 0.8% to today

The major US stock indices are ending the session in the red for the day. The declines today also helped push/keep the week lower.
The final numbers are showing:
  • S&P index -14.72 points or -0.49% at 2992.07.
  • NASDAQ index -65.20 points or -0.80% at 8117.68
  • Dow industrial average -159.72 points or -0.59% at 26935.07
For the week, the major indices fell with the Dow industrial average falling the most.
  • S&P index, -0.51%
  • NASDAQ composite index -0.72%
  • Dow industrial average, -1.05%

Nasdaq closes at record highs. S&P trades above 3000 for first time, but backs off.

  
Analysis, US Market
#  #  #  #  #  #  #  #  #  #

Major indices all closing higher

The major indices in the US are closing higher with the Nasdaq closing at a new record high. The S&P index traded above the 3000 level for the first time ever, but backed off that level. It is still closing higher on the day. The Dow snapped a 3 day losing streak today.
The final numbers are showing:
  • The S&P index, +13.44 points or 0.45% at 2993.07. The high reached 3002.98. The low extended to 2984.61
  • The Nasdaq rose 60.80 points or 0.75% at 8202.53. The high reached 8228.598. The low extended to 8160.56
  • The Dow rose 76 points or 0.29% at 26860.20. The high reached 26983.45 The low extended to 26813.11.
Some winners today:
  • Tesla, +3.85%
  • Micron, +3.75%
  • Beyond Meat, +3.61%
  • General Mills, +2.27%
  • AMD, +1.93%
  • Facebook, +1.77%
  • Nvidia, +1.75%
  • Chevron, +1.69%
  • Pfizer,+1.57%
  • Intuit, +1.53%
  • Alphabet, +1.48%
  • Amazon, +1.46%
  • Exxon Mobil,+1.43%
  • Cisco, +1.40%
  • Disney, +1.34%
  • Microsoft, +1.02%
 Some losers today included:
  • QUALCOMM, -2.86%
  • Target, -2.22%
  • Daimler, -1.57%
  • Deere and Company, -1.56%
  • Charles Schwab, -1.56%
  • Wells Fargo, -1.44%
  • Slack, -1.28%
  • Caterpillar, -1.22%
  • Bank of America, -1.16%
  • Morgan Stanley, -1.10%
  • Goldman Sachs, – 0.87%
  • Citigroup, -0.61%
  • PNC financial, -0.58%
  • Home Depot, -0.58%
  • Twitter, -0.52%
Go to top