S&P closes higher for the 5th week in a row. The NASDAQ index up for the 8th week

News

Although the major indices are closing lower on the day, each enjoyed solid gains this week.

The S&P index is higher for the 5th consecutive week. The NASDAQ index is up for the 8th consecutive week. The Dow Industrial average is up for the 3rd consecutive week. The small-cap Russell index lagged, but still closed with a gain for the week

For the day,

  • Dow Industrial Average fell -107.05 points or -0.31% at 34300.75
  • S&P index fell -16.17 points or -0.37% at 4409.68
  • NASDAQ index felt -93.96 points or -0.68% at 13689.56

Looking at the small-cap Russell 2000 index, it fell -13.81 points or -0.73% at 1875.46

For the trading week:

  • Dow Industrial Average rose 1.25%
  • S&P index rose 2.58%. That gain was the largest since March 27 week
  • NASDAQ index rose 3.25%. Like the S&P, the gain was the largest since March 27

The Russell 2000 index in the current week rose 0.52%

Articles You May Like

UK November CBI trends total orders -19 vs -27 prior
Geo-political tension remains a strong tailwind for gold. Buy yellow metal on dips
EUR/GBP Price Forecast: Extends gains past the 50-day SMA and 0.8300
Weekly Market Outlook (25-29 November)
Breakout Stocks: How to trade Indian Hotels, Nalco & Fortis Healthcare on Friday?

Leave a Reply

Your email address will not be published.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