Major US indices close higher for the 4th consecutive week

The major US 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 4th consecutive week today, the gains were led by the NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index which rose over 2%. All 11 sectors of the S&P index rose.

A look at the final numbers shows:

• Dow industrial average rose 424.3 points or 1.27% to 33761.04
• S&P rose 72.86 points or 1.73% to 4280.14
• NASDAQ index rose 267.27 points or 2.09% to 13047.19
• Russell 2000 rose 41.35 points or 2.09% to 2016.616

Looking at the 11 S&P sectors, the biggest gainers include"

• Consumer discretionary, +2.3%
• InformationTechnogy, +2.07%
• Communication Services, 2.02%

The 3 laggards were:

• Energy +0.81%
• Consumer Staples, +0.92%
• Health Care +1.31%

For the trading week, the gains were led by the S&P which rose 3.25%:

• Dow industrial average rose 2.92%
• S&P index rose 3.25%
• NASDAQ index rose 3.08%.

Since the 2022 bottom:

• Dow industrial average has risen 13.85%
• S&P index rose 17.69%
• NASDAQ index is up 23.49% (a bull market)

Although major indices are up nicely from their bottom, they still remain lower on the year

• Dow is down -7.2% down 60.6%
• S&P is down -10.18%
• NASDAQ index is down -16.6%