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%.