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 ending the day solidly higher with the Dow industrial average up near 2%. The Dow is looking to break and 8 week losing streak which has not occur since 1923. Both the S&P and Dow industrial average have been down for 7 consecutive weeks.
The final numbers are showing:
- Dow industrial average rose 618.60 points or 1.98% at 31880.51
- S&P index is up 72.43 points or 1.86% at 3973.79
- NASDAQ index is up 180.67 points or 1.59% at 11535.28
- Russell 2000 is up 19.49 points or 1.10% at 1792.76
The financials were big winners with J.P. Morgan up $7.20 or 6.14% at $124.54. Citicorp was up $3.03 or 6.09% of $52.78.
After the close Zoom reported better than expected EPS with revenues in line with expectations:
- EPS came in at $1.03 vs $0.87 estimate
- Revenues $1.073B vs $1.073 estimate
Zoom shares are trading at $104.44 after closing at $89.33
