Technical Analysis

S&P/Dow close at record levels (but only marginally higher). Nasdaq higher.

NASDAQ closes lower for the week

The S&P and Dow held on for a record closes but just barely. 

  • The S&P closed at record day for the fourth consecutive day. 
  • The NASDAQ moved higher in the last minute of trading and it’s second gain in a row. 
  • The Russell 2000 fell close to 1%.
  • S&P posted its 48th record close for the year.
  • Dow posted its 34th record close for the year.

The final numbers are showing:

  • Dow rose 15.53 points or 0.04% at 35515.38
  • S&P rose 7.98 points or 0.18% at 4468.82
  • Nasdaq rose 6.64 points or 0.04% at 14822.90
  • Russell 2000-20.96 points or -0.93% at 2223.11

Positive sectors included:

  • Consumer staples, +0.81%
  • Real estate, +0.69%.
  • Healthcare, +0.6%
  • Utilities, +0.57%

Sector laggards today included:

  • Energy, -1.26%.
  • Financials, -0.72%.
  • Industrials, -0.32%.
  • Discretionary, -0.29%

For the week, the NASDAQ index closed marginally lower. The Dow led the way to the upside:

  • Dow, +0.86%
  • S&P, +0.73%
  • NASDAQ -0.09%
  • Russell 2000, -1.07%. The Russell 2000 snapped a three week win streak

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