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US stocks close session with mixed results

  
Analysis, US Market
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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.

S&P and NASDAQ index close at record highs

  
Analysis, US Market
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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%
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