S&P and Dow hit an intraday all-time high
The major indices close modestly higher with the S&P and Dow hitting a intraday all-time high.
The final numbers are showing:
- Dow industrial average up 14.68 points or 0.04% at 35755.83.
- S&P index rose 8.19 points or 0.18% at 4574.67
- NASDAQ index closed up 9.01 points or 0.06% at 15235.71.
After the close:
- Microsoft beat on the top and bottom line after the close. Revenues $45.32 billion versus $43.97 billion estimate. EPS
- Alphabet beat on top and bottom line after closes well. Alphabet revenues $65.12 billion versus $63.34 billion estimate. Earnings-per-share $27.99 versus $23.48 estimate
Microsoft is trading modestly higher in extended hours trading while Alphabet is initially trading down about -1.08% (PS Alphabet is now trading higher by 0.6% in volatile trading) .