The major US stock indices closed the day with gains. The NASDAQ and the S&P had a perfect week with five straight winning days. The NASDAQ index erased it -5.77% decline from last week with a gain of 5.95%.
A snapshot of the closing levels today shows:
Dow industrial average rose 297.01 points or 0.72% at 41393.78S&P index rose 30.26 points or 0.54% at 5626.02NASDAQ index rose 114.30 points or 0.65% at 17683.98
The Russell 2000 rose 53.06 points or 2.49% at 2182.49.
For the trading week:
Dow rose 2.60% after falling 2.93% last week.S&P index rose 4.02% after falling -4.25% last week.NASDAQ index rose 5.95% after falling -5.77% last weekRussell 2000 rose 4.355% after falling 5.69% last week.
Some big winners this week included:
ARM holdings +25.88%Broadcom, +22.41%Chewy, +22.03%Super Micro Comuputer, is 18.29%Palantir, +17.21%Nvidia, +15.82%AMD, +13.37%First Solar, +9.64%Tesla, +9.28%United Airlines, +9.17%Amazon, +8.81%
Losers this week included:
Raytheon, -17.7%GameStop, -13.67%Moderna, -6.52%Adobe, -4.71%J.P. Morgan -3.82%Southwest Airlines -3.40%Biogen -2.58%Citigroup -2.37%Wells Fargo -2.22%Occidental -1.88%General Mills -1.84%General Motors -1.76%
This article was written by Greg Michalowski at www.forexlive.com.
