NASDAQ the big winner today but major indices close lower for the week

Technical Analysis

All 11 sectors higher

The major indices all closed higher for the day led by the NASDAQ index which rose 1.17%.

  • All 11 sectors of the S&P are higher
  • indices close near the session highs
  • Dow snaps a three-day losing streak
  • S&P and NASDAQ close up for the second consecutive day
  • major averages post weekly losses
  • Dow has its worst week since mid-June
  • NASDAQ had its best day in four weeks

the final numbers are showing

  • Dow industrial average rose 225.50 points or 0.65% at 35120.08
  • S&P index rose 35.86 points or 0.81% at 4441.66
  • NASDAQ index rose 172.88 points or 1.19% at 14714.66
  • Russell 2000 index gained will 35.18 points or 1.65% at 2167.60

Technology and utilities led the gains today. Consumer staples and energy lagged but still closed higher on the day.

For the week:

  • Dow industrial average fell -1.11%
  • S&P index fell -0.61%
  • NASDAQ index fell -0.73%

For the Dow 30 stocks, the big winners today were:

  • Microsoft, +2.52%
  • Home Depot, +1.96%
  • Cisco, +1.68%
  • Walgreens, +1.58%
  • Nike, +1.32%
  • Salesforce, +1.21%

The laggards today were led by:

  • Intel -0.82%
  • Amgen, -0.39%
  • Coca-Cola, -0.39%
  • Visa, -0.11%
  • Honeywell, -0.04%
  • Chevron, -0.02%

Invest in yourself. See our forex education hub.

Articles You May Like

EURUSD: What are the technicals telling traders after bouncing off 2022 lows this week
Budget deficit rose in December and is now 40% higher than it was a year ago
Gold Price Today: Yellow metal gains Rs 2,400/10 gm in one month, silver up by Rs 3,700/kg
Dollar Recovery Capped by Stocks Rally, S&P 500 Ready for New Record
Cautious Trade Dominates as Dollar Holds Steady, Yen Leads, Gold Jumps

Leave a Reply

Your email address will not be published.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