Nasdaq closes higher for the 2nd consecutive day and leads the indices higher

Technical Analysis

Dow and S&P lag. Russell 2000 closes lower for the 2nd time in 3 days

The NASDAQ close higher for the second consecutive day. It led the major indices higher with the S&P and Dow lagging well behind. The small-cap Russell 2000 index lags with a decline of -0.90%.

The final numbers are showing:

  • S&P index +27.48 points or 0.70% at 3940.58
  • Nasdaq +162.31 points or 1.23% at 13.377.54
  • Dow +102.97 points or 0.32% at 32730.94
  • Russell 2000 index, -20.70 points or -0.90% at 2266.84.

Winners today included:

  • Box, +4.7%.  Activist investors are pushing for a sale of the company
  • Chewy, +4.01%
  • Fireeye, +3.89%
  • Lam research, +3.24%
  • Intel, +2.96%
  • Apple, +2.82%
  • Cisco, +2.8%
  • Nvidia, +2.69%
  • Microsoft, +2.47%
  • Adobe, +2.47%
  • Pepsi, +2.47%
  • General Mills, +2.4%

Some losers today included banks and financials and airlines:

  • American Airlines, -4.61%
  • United Airlines, -4.05%
  • GameStop, -2.93%
  • General Motors, -2.88%
  • J.P. Morgan, -2.68%
  • Southwest Airlines, -2.64%
  • Bank of America, -2.23%
  • Delta Air Lines, -2.14%
  • Charles Schwab, -1.95%
  • Boeing, -1.81%
  • Goldman Sachs, -1.39%
  • travelers, -1.15%

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