Major indices close near highs for the day

Some late day buying is sending the major indices to new highs. They are also closing near the highs for the day.

  • S&P index is closing at 2733.29, up 8.85 points or 0.32%. The high reached 2733.33. The low extended to 2709.54. That was right around the 100 day MA at 2709.88. Key support held.
  • Nasdaq rose 47.50 points or 0.64% to 7425.957. The high reached 7426.78. The low extended to 7334.61.
  • Dow rose 52.4 points or 0.21% at 24886. The high reached 24889.46. The low extended to 24667.

The financials were losers today on the back of lower rates.

  • Bank of America fell -1.42%
  • Citigroup fell -1.20%
  • Morgan Stanley fell -0.98%
  • PNC Financial fell -0.79%
  • JP Morgan fell -0.47%

Some winners today included:

  • Netflix up 3.95%
  • Intuit up 2.99%
  • Nvidia up 2.06%
  • Twitter up 1.73%
  • Facebook up 1.69%
  • Micron up 1.59%
  • Tesla up 1.48%.