Nasdaq leads the way for the 2nd consecutive day

The US major indices are closing at record levels today. Yesterday the Nasdaq and the S&P closed at records. Today the trifecta was hit as the Dow joined the other two indices with record high closes.

  • The S&P is ending the session up 17.2 points or 0.64% at 2713.01. It is the first close above the 2700 level for that index
  • The NASDAQ composite index rose by 58.63 points or 0.84%. The index closed at 7065.53.
  • The Dow industrial average is closing up by 98.47 points or 0.4% at 24,922.54.

Some of the overachievers include:

  • Alphabet of 1.64%
  • Netflix up 1.98%
  • Amazon up 1.18%
  • Nvidia 6.58%
  • Celgene of 2.81%
  • MasterCard 1.21%
  • Facebook up 1.79%
  • Micron up 3.0%
  • AMD up 5.19%
  • Broadcom was up 1.09%

The chip stocks were big gainers with the exception of Intel. Intel fell by -3.39% on the back of an article in PC Magazine about a security threat inherent in their chips which could slow processing power by up to 30%.

The other underachievers for the day include:

  • Apple fell -0.02%
  • Deutsche Bank -0.85%
  • Tesla -1.02%
  • Twitter -0.29%
  • Goldman Sachs -0.85%