US stocks close higher with the Nasdaq leading the charge

Technical Analysis

Nasdaq and S&P still remains lower on the month

The major US indices are closing higher with the NASDAQ leading the charge.  

  • All three major indices snapped three days losing streaks
  • The Dow and S&P are on track for a weekly loss 
  • NASDAQ is higher for the week and looking to close higher for the first time in five weeks
  • the NASDAQ is less than 5% below its all-time high
  • The S&P is around 2% away from its all-time high

The final numbers are showing:

  • S&P index up 43.47 points or 1.06% at 4159.16
  • Nasdaq up 236 points or 1.77% at 13535.74
  • Dow up 187.84 points or 0.55% at 34083.88

Some winners today include:

  • Viacom CBS, +4.61%
  • zoom, +4.59%
  • Tesla, +4.09%
  • Lam research, +4.07%
  • Nvidia, +3.87% 
  • FireEye, +3.67%
  • Beyond Meat, +3.66%
  • twitter, +3.42%
  • Intuit, +3.32%
  • First Solar, +3.23%
  • Ford, +3.06%

Some losers include:

  • Bed Bath & Beyond, -3.89%
  • DoorDash, -2.28%
  • Tencent, -2.18%
  • Delta Airlines, -1.58%
  • Airbnb, -1.56%
  • Chewy, -1.42%
  • United Airlines, -1.24%
  • PNC, -1.01%
  • Wells Fargo, -0.95%
  • Caterpillar, -0.8%

In the Dow 30, the top 5 leaders include:

  • Apple, +2.10%
  • Boeing, +1.45%
  • Microsoft, +1.39%
  • Amgen, +1.29%
  • Walt Disney, +1.26%

The top 5 losers include:

  • Caterpillar, -0.8%
  • UnitedHealth, -0.24%
  • Verion, 10.23 percent
  • Bank of America, -0.21%
  • JPMorgan, -0.17%

Invest in yourself. See our forex education hub.

Articles You May Like

ECB’s Kazimir: Risk of recession in Eurozone is growing
SEC chair’s crypto oversight strategy in question as ecosystems collapse
Risk Aversion Continues on China, Euro Support by Yields
THE BEST FOREX TRADING STRATEGY [ SIMPLE & EFFECTIVE ]
Russia intends to launch a ‘national crypto exchange’