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S&P and NASDAQ closed at record levels. All sectors of the S&P rise

Dow leads the way with a 1.36% gain. Closes within 50 points of the end of December closing level

the S&P index and the NASDAQ index close at records.  All sectors of the S&P closed higher. The Dow industrial average closed within 50 points of the 2019 closing level. The price is not traded above its record closing level since February 21, 2020.
The final numbers are showing:
  • S&P index rose and 34.15 points or 1.01% at 3431.31. It’s high price reached 3432.09.
  • NASDAQ index rose 67.918 points or 0.60% at 11379.72. It’s high price reached 11462.05.
  • The Dow industrial average rose 378.13 points or 1.35% to 28308.46. That The price within 50 points of its 2019 closing level of 28358.44.
Airline stocks were big winners today:
  • United Airlines rose 9.9%
  • Delta Air Lines rose 9.28%
  • Southwest Airlines rose 6.49%
Boeing was also a big winner with a gain of 6.42%.
Financials also outperformed with the major banks and investment banks rising over 2%:
  • Wells Fargo, +3.68%
  • Citigroup, +3.59%
  • PNC financial, +3.21%
  • Bank of America, +2.84%
  • J.P. Morgan, +2.82%
  • Morgan Stanley, +2.5%
  • Goldman Sachs, +2.41%
  • Charles Schwab +1.97%

S&P and NASDAQ index close at record highs

Dow industrial average leads the way

the S&P and NASDAQ index both closed at record levels, but for the day the Dow industrial average was the biggest percentage gainer.

The final numbers are showing:
  • S&P index up 11.73 points or 0.35% at 3397.24.
  • The NASDAQ index rose 46.848 points or 0.42% at 11311.80
  • Dow industrial average rose 190.84 points or 0.69% at 27930.53

For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.

  • S&P index rose 0.72%
  • NASDAQ index rose 2.65%
  • Dow industrial average was unchanged

For the year to date, the Dow industrial average still remains down. The NASDAQ index continues its stellar performance.

  • S&P index +5.15%
  • NASDAQ index +26.07%
  • Dow industrial average -2.13%
Some of the big gainers today included:
  • Apple, +5.14%
  • dear and Company, +4.39%
  • Nvidia, +4.43%
  • Tesla, +2.39%
  • Qualcomm, +2.15%
  • Corning, +1.88%
  • Nike, +1.63%
  • Marriott, +1.35%
  • AMD, +1.27%
  • Chipotle, +1.13%
  • Costco, +1.12%
  • J&J, +0.9%
  • Home Depot, +0.9%
Big losers today included:
  • Slack, -2.97%
  • United Airlines, -2.97%
  • Papa John’s, -2.16%
  • Uber, -1.85%
  • Box, -1.83%
  • Deutsche Bank, -1.71%
  • Beyond Meat, -1.5%
  • Delta, -1.27%
  • Boeing -1.25%
  • Raytheon technologies, -1.21%
  • Whirlpool, -1.17%
  • Netflix, -1.1%

NASDAQ closes at a new record.

 Major indices close higher

The NASDAQ index close at a another record high. The previous high close came in at 11,210.84. The index close today at 11,264.95. The S&P index traded above its all-time high closing price but could not sustain the gains into the close.
The final numbers are showing:
  • S&P index up 10.69 points or 0.32% at 3385.54. The high price reached 3390.80. The low price extended to 3354.69. The all-time high close was at 3389.78. The index closed just below that level. The all-time intraday high from Wednesday’s trade reach 3399.54.
  • The NASDAQ index closed up 118.49 points or 1.06% at 11264.95. The close was above the previous high close at 11,210.84. Intraday the pair also traded to a new all time high of 11,283.61.
  • the Dow industrial average lagged the other indices but still closed higher by 46.85 points or 0.17% at 27739.73. It’s high price extended to 27781.46 while the low reached 27526.25.

Late day comments from the CDC that the southern states may have reached a peak and the death rate should start to go down next week helped to push the stocks up near the close.

Apple closed with a market capitalization above $2 trillion for the 1st time. It closed at $473.10 up $10.27 or 2.22%. Microsoft rose by 2.33%. Facebook rose by 2.45% cotton Netflix rose by 2.75%, and Alphabet rose by 2.05%.
In the European markets, the major indices all closed over 1% lower on the day with the UK FTSE leading the way with a decline of -1.61%.

S&P and NASDAQ index close at new record highs

Dow falls on the day

Both the S&P and NASDAQ index closed at record highs today. The gain in the S&P index from the March low has now risen over 54%. The Dow industrial average did not fare as well. It fell by -0.24% on the day. The NASDAQ index continued its surge and outperformed the other indices once again.

A look at the final numbers are showing:
  • S&P index rose 7.78 points or 0.23% at 3389.77. The close today surpassed the February 19 high close of 3386.15.  The index they also took out the high intraday level from February 19 that 3393.52. The new all-time intraday high price is 3395.06. The S&P index is now up 4.92% year-to-date
  • NASDAQ index also closed at a new record high. It moved up by 81.118 points or 0.73% to 11210.84. The intraday high price of 11230.61 is now the new all time high intraday level. The low price reached 11103.83. The NASDAQ index year-to-date is up 24.95 points
  • Dow industrial average fell -66.84 points or -0.24% to 27778.07. It’s high price reached 27891.12, while its low extended to 27668.79. The Dow industrial average is still down -2.66% on the year.
The flow funds in the US also did not benefit the small-cap Russell 2000. It fell by -1.02% on the day.
The European markets also did not do well today. Each of the major indices gave up gains and closed lower on the day led by the UK FTSE which fell by -0.83%.
US and European stock indices

S&P closes just below all time high closing level.

Nasdaq rises 2.13% on the day

The major indices are all closing higher led by the Nasdaq index.
  • The Dow and S&P are up 9 of the last 10 days
  • The Nasdaq broke the 3 day losing streak.
  • The S&P rose to above the all time highest close at 3386.15 intraday,  but has closed just below that level.
  • The Dow is 2% from recouping all the 2020 losses.
The final numbers are showing:
  • The S&P index closed at 3380.35, that is up 46.66 points or 1.4%. The high reached 3387.89. The low reached 3355. 46.
  • The Nasdaq index closed up 229.41 or 2.13% at 11012.22. The high reached 11036.71. The low reached 10877.16
  • The Dow closed  up 289.93 points or 1.05% at 27976.84. The high reached  28043.89. The low extended to 27843.32.

European shares end the session with solid gains

Major indices up sharply

The flow funds into the European markets continue today with sharp moves to the upside in the major indices. A look at the provisional closes are showing:

  • German DAX, +2.1%
  • France’s CAC, +2.4%
  • UK’s FTSE 100,
  • Spain’s Ibex +2.8%
  • Italy’s FTSE MIB, +2.8%
For the year, the European shares are still down sharply:
  • German Dax -2.2%
  • France’s CAC, -15.9%
  • UKs FTSE -18.4%
  • Spain’s Ibex, -24%
  • Italy’s FTSE MIB, -14.05%

Dow closes at the highest level since February 24, and just 2.6% from unchanged on the year

Dow and S&P are up for the 7 days in a row

The Dow industrial average led the way for stocks to the upside with a 1.3% gain.

  • The Dow index close at the highest level since February 24th and is just 2.6% from unchanged on the year.
  • Both the Dow and S&P have closed higher for 7 consecutive days.
  • The S&P index is the longest winning streak since April 2019.
  • The Dow’s winning streak is the longest since September 2019.
  • The S&P is less than 1% away from an all-time high close
  • The NASDAQ index closed lower on the day and is on a 2 day losing streak.
The final numbers are showing:
  • S&P index up 9.21 points or 0.27% at 3360.49. The high price reached 3363.29. The low price extended to 3335.44
  • NASDAQ index fell 42.67 points or -0.39% to 10968.35. The high was up at 11,040.25 while the low extended to 10,849.46
  • the Dow industrial average rose 357.96 points or 1.3% to 27791.44. The high price reached 27803.86. The low price extended to 27488.21.
The biggest winners in the Dow included:
  • Boeing, +5.52%
  • Caterpillar, +5.26%
  • Raytheon technologies, +4.87%
  • Nike, +3.48%
  • Chevron, +3.41%
Biggest losers in the Dow included:
  • Microsoft, -1.95%
  • Disney, -0.89%
  • J&J, -0.44%
  • McDonald’s, -0.22%
  • Coca-Cola, -0.17%
Other winners today included:
  • US steel, +11.67%
  • Wynn Resorts, +9.95%
  • United Airlines, +9.35%
  • FedEx, +8.89%
  • Delta Air Lines, +7.95%
  • Alcoa, +6.17%
  • Southwest Airlines +5.14%

Major indices close higher and at session highs. NASDAQ leads the way with Apple, Facebook, Amazon outperforming

Dow, S&P, NASDAQ close higher for the 4th consecutive month

the month of July is over and all the major indices closed higher for the 4th consecutive month. The S&P index had its second-best July performance since 2010. Apple, Amazon, Facebook all of the way after their earnings release last night. Apple rose up 10.47%. Facebook rose 8.18% and Amazon rose by 3.7%.  Alphabet was left out despite posting better earnings. Their stock fell by -3.28%.

On the downside the Dow post its 2nd straight weekly decline.
The final numbers are showing:
  • S&P index up 24.9 points or 0.77% at 3271.12
  • NASDAQ index up 157.46 points or 1.49% at 10745.23
  • Dow industrial average up 114.67 points or 0.44% at 26428.33
For the week, the NASDAQ led the way. The Dow industrial average could not make it to the unchanged level falling by -0.16%:
  • S&P index rose by 1.73%
  • NASDAQ rose by 3.69%, and as mentioned
  • Dow fell by -0.16%
For the month, the market initially tried to rotate out of the NASDAQ stocks and into the industrial/broader market, but the run up in tech stocks today and this week push the NASDAQ back into the lead:
  • S&P index rose by 5.51%.  As mentioned it was the 2nd largest July increase since 2010
  • NASDAQ index rose by 6.82%
  • Dow rose by 2.3%
For the year to date, the Nasdaq index continues to outperform, but the S&P index has moved back into the black (it dipped into the red earlier this week). The Dow remains lower on the year.
  • S&P index up 1.25%
  • Nasdaq up 19.76%
  • Dow down -7.39%

US major indices close session mixed

S&P and Dow and the lower. NASDAQ index close higher ahead of key earnings

The major indices close mixed ahead of the key earnings from Apple, Amazon, alphabet and Facebook

The final numbers are showing:
  • S&P index fell -12.22 points or -0.3% to 3246.22
  • NASDAQ index rose +44.87 points or 0.43% to 10,587.81
  • Dow industrial average fell -225.92 points or -0.5% to 26,313.65

Dow and S&P post the 1st negative week in 4 weeks

NASDAQ down for the 2nd week in a row

US major indices are ending the session with declines. For the week each of the major indices are also lower. It was the 1st negative week for the Dow and S&P in 4 weeks. For the NASDAQ is on a 2 week losing streak. The NASDAQ led the way to the downside this week with a -1.33% decline.
The final numbers for the day show:
  • S&P index -20.03 points or -0.62% at 3215.63
  • NASDAQ index -98.24 points or -0.94% at 10363.13
  • Dow -182.44 points or -0.68% at 26469.89
For the week, the NASDAQ led the way to the downside:
  • S&P index -0.28%
  • NASDAQ index -1.33%
  • Dow industrial average -0.76%
Year to date, the S&P index turned back negative on the year:
  • S&P index -0.47%
  • NASDAQ index +15.5%
  • Dow industrial average -7.25%
For the last year:
  • S&P index +6.49%
  • NASDAQ index +24.53%
  • Dow -2.93%
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