Nasdaq leads the way lower today. Dow down for the 8th straight day
The major US indices are ending the session in the red. The tech heavy Nasdaq is leading the way lower. The Dow is not far behind and is down for the 8th consecutive day. There has not been a longer losing streak lower since 1978. I was in High School in 1978.
The numbers today:
- The S&P is ending down -17.56 points or -0.63% at 2749.76
- The Nasdaq is ending down -68.56 points or -0.88% at 7712.95
- The Dow is ending down -196 points or -0.80% at 24461.
The declines are pretty decent but did not approach the -1.4% decline in the Dax, the -1.05% decline in the CAC, or the -2.02% decline in Italy's FTSE MIB.
Intel was pushed down by -2.38% after their CEO Brian Kryzanich resigned as a result of a consensual relationship with an employee.
- Caterpillar, -2.53%,
- Nvidia, -1.98%
- Twitter, -1.97%
- Intuit, -1.74%
- Boeing, -1.51%
- Cisco, -1.33%,
- Amazon, -1.13%
Bucking the negative trends included:
- First solar, +1.24%
- Micron, +0.83%
- Home Depot, +0.63%
- Citigroup, +0.37%
- Bank of America, +0.21%
- Gilead, +0.1%