The US major indices are closing mixed. The S&P is near unchanged. The Dow industrial average is modestly higher. The NASDAQ index is modestly lower. The small-cap Russell 2000 index slumped with the decline close to 1%.
The final numbers are showing:
Dow industrial average +47.21 points or 0.11% at 43958.19.S&P index is up 1.40 points or 0.02% at 5985.39NASDAQ index is down -50.66 points or -0.26% at 19230.74.
The Russell 2000 is down -22.47 points or -0.94% at 2369.37.
Intraday, the NASDAQ index was on pace to close at a record level. The S&P index moved right up to the high all-time closing level at session highs but backed off.
There were mixed results in a magnificent seven:
Amazon +2.48%.Nvidia -1.38%Meta -0.82%Microsoft +0.51%Alphabet -1.51%Apple +0.40%Tesla +0.53%
This article was written by Greg Michalowski at www.forexlive.com.