Technical Analysis

S&P and NASDAQ post record closes

Russell 2000 index rises by 1.81%.

The S&P and NASDAQ index both closed at record levels with a late day surge that has the indices going out near the highs for the day.  

The Dow and the Russell 2000 index also had strong days, with the small-cap index outpacing the larger cap indices with a surge higher of 1.81%.

Highlight sectors included:

  • energy +1.29%
  • financials +1.25%
  • utilities +1.11%
  • discretionary +0.92%
  • industrials +0.49%
  • technology +0.54%

Lagging today were:

  • healthcare -0.38%
  • materials -0.14%

The final numbers are showing:

  • S&P index rose 26.43 points or 0.60% at 4429.09. The intraday high reached a new record at 4430.30
  • Dow industrial average rose 270.92 points or 0.78% at 35063.59
  • NASDAQ index rose 114.58 points or 0.78% at 14895.12. Its intraday high reached 14896.50. That is the new all-time record high.
  • Russell 2000, +39.67 points or 1.81% at 2235.99

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