Major US indices close higher for the 3rd consecutive day

The major US stock indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are closing higher for the 3rd consecutive day. The gains are led by the Dow industrial average also the pattern for the 3rd consecutive day. The rise in stocks ignored the tumble in the crypto assets:

• Bitcoin is trading down -11.24%
• Ethereum is trading down -17.2%
• Doge is down -21.95%
• FTT is down -77.5%

Over the stock markets 3 day rally the:

• Dow has increased 3.68%.
• The S&P is up 2.91%.
• The NASDAQ index is up 2.64%.

Looking at today's moves, the final numbers are showing:

• Dow industrial average up 333.83 points or 1.02% at 33160.82
• S&P index up 21.31 points or 0.56% at 3828.10
• NASDAQ index up 51.69 points or 0.49% at 10616.21
• Russell 2000 marginally lower today at -0.881 points or -0.05% at 1808.92

The big contributors to the Dow rise today came from:

• Amgen, +5.55%
• Boeing +3.01%
• American Express +2.18%
• Verizon +1.8%
• Salesforce +1.76%

The biggest losers in the Dow today were:

• Walgreens -0.78%
• Walt Disney -0.49%
• Chevron -0.13%

After the close Disney announced their earnings:

• earnings-per-share $0.30 vs. $0.55 estimate
• revenues $20.15 billion vs. $21.24 billion estimate
• Q4 subscribers 164.2 million vs. 160.45 million estimate

The stock is trading down down -$6.56 or -6.57% at $93.33.

Affirm Holdings also reported earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term that were weaker than expected.

• EPS $-0.86 vs. expected $-0.83
• Revenues expectations for Q2 400 – 420 million vs. expected 433.6 million. Sees fiscal year 2023 revenue at 1.6 – $1.68 billion vs. $1.71 billion expected
• AFRM is trading sharply lower at $13.07 after closing at $15.64