The Nasdaq string of up days is over at 7-days. Over that 7-days, the price has closed at record levels each day. The decline today is the worst day since May 30.
Meanwhile, the Dow rose for the 3rd day in a row with a solid gain of 300 points. It was its strongest day since May 31.
The final numbers are showing:
Dow industrial average rose 299.88 points or 0.77% at 39134.79S&P index fell -13.78 points or -0.25% at 5473.24Nasdaq index fell -140.64 pointe or -0.79% at 17721.59
The small-cap Russell 2000 index fell -7.83 points r -0.39% at 2017.39.
The top-3 capitalized stocks all fell today with Nvidia the worst of the 3:
Nvidia fell -$4.80 or -3.54% to $130.78Apple fell -$4.61 or -2.15% to $209.68Microsoft fell -$0.64 or -0.14% to $445.70.
Microsoft is the leader of the 3 with a market capitalization at $3.31T which outpaces Nvidia and Apple with each at $3.22T currently.
This article was written by Greg Michalowski at www.forexlive.com.
