Major indices close near session highs. Snap 2 day losing streak

Technical Analysis

NASDAQ index leads the way

The NASDAQ and S&P index are closing near session highs. In the process they are snapping a 2 day losing streak.  The Dow industrial average also euros but at a more modest pace.

The final numbers for the day are showing:

  • S&P index up 14.08 points or 0.39% at 3581.87
  • NASDAQ index up 103.11 points or 0.87% at 11904.71
  • Dow industrial average up at 44.81 points or 0.15% at 29483.23

Despite the gains, the S&P index is on track for a weekly loss.

Some leaders today include:

  • Goodrx, +12.47%. The online pharmaceutical company was hit hard over the last few days on the news that Amazon would be entering that market
  • Crowdstrike, +4.52%
  • Wells Fargo, +4.43%
  • Slack, +4.41%
  • AMD, +3.7%
  • Square, +3.39%
  • Alcoa, +3.33%
  • Salesforce, +2.93%
  • Tesla, +2.54%
  • First Solar, +2.5%
  • Beyond Meat, +2.48%

Some losers today include:

  • Exxon Mobil, -3.72%
  • General Dynamics, -2.29%
  • United health, -2.18%
  • Booking.com, -1.69%
  • Walt Disney, -1.52%
  • Amgen, -1.36%
  • Charles Schwab, -1.28%
  • Chubb, -1.25%
  • AT&T, -1.19%
  • Walgreen boots, -0.99%
  • FedEx, -0.99%
  • MasterCard, -0.6%
  • Gilead, -0.44%

For bank trade ideas, check out eFX Plus

Articles You May Like

Pound Sterling gains as investors shrug off increased BoE dovish bets
Trump’s tariff threats don’t seem so bad
Dollar Holds Ground Amid Quiet Holiday Forex Markets
Lots of balls in the air moving markets with the US government getting in the act today.
Too labored bottoming

Leave a Reply

Your email address will not be published.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