Technical Analysis

US stocks close higher with the Nasdaq leading the charge

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%

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