2-day losing streak is broken for the major indices

Technical Analysis

Russell 2000  closes for the 1st time in 4 sessions

The Dow, S&P and Nasdaq snapped a 2-day losing streak although the road traveled was not a straight lines and buyers and sellers battle it out.

  • The Russell index was the biggest gainer on the day and snapped a three day losing streak 
  • Dow had its best day in nearly 2 weeks
  • The S&P and Dow closed near session highs
  • The NASDAQ lagged in a very volatile up and down day.

A look at the final numbers shows:

  • S&P index rose 20.41 points or 0.52% at 3909.55
  • NASDAQ index rose 15.79 points or 0.12% at 12977.68
  • Dow rose 199.42 points or 0.62% at 32619.48.
  • Russell index rose 48.86 points or 2.29% at 2183.12

The heads of Facebook, Alphabet and Twitter testify before lawmakers today with the usual bashing of their policies toward policing and suppressing information or misinformation.  

  • Alphabet closed near unchanged
  • Facebook fell -1.17%
  • Twitter fell -1.4%.

Articles You May Like

Disney doesn’t plan to change its TV networks portfolio anytime soon
These 6 stocks lose more than 50% from yearly peaks
Alibaba posts profit beat as China looks to prop up tepid consumer spend
Yen and Swiss Franc Climb as Ukraine War Intensifies on 1000th Day
Buy the dip! HAL, PNB, IDFC First Bank among 10 stock ideas from Jefferies

Leave a Reply

Your email address will not be published. Required fields are marked *