Major indices close lower. NASDAQ index sheds 1%

Technical Analysis

Author: Greg Michalowski | sp

Dow snaps five they win streak 

The NASDAQ index is leading the decline with its biggest decline in three weeks. It also increases the up one day/down the next day string to 11 consecutive days.

  • S&P index is down for the second time in three days
  • Dow industrial average snaps it's a five date when streak
  • NASDAQ index falls over -1%
  • Discretionary move felt -1.22%
The final numbers are showing:
  • Dow industrial average -23.4 points or -0.07% at 34,576.98.
  • NASDAQ index -141.82 points or -1.03% at 13,614.51
  • Russell 2000 index -18.58 points or -0.81% at 2279
  • S&P index fell -15.3 points or -0.36% at 4192.82
Leading the Dow 30 to the upside today is Merck, +2.15% and Procter & Gamble +1.81%.

Dow winners
The losers of the Dow, were led by Intel -2.16% and Boeing -2.10%.

Dow losers
The meme stocks get back some of their strong gains seen of late, with Bed Bath & Beyond leading the way at -27.88%. AMC entertainment felt -17.95% after trading as high as $72+ yesterday (and closing up over 90% yesterday).

Meme stocks fell today
On the topside, Ford and GM had big days to the upside with Ford rising by 7.31% and General Motors rising by 6.39%.

Ford and GM outperformed
Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose