US major indices close solidly higher on the day

The major US indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term closed solidly higher with the NASDAQ index leading the way. That's the good news the bad news is Netflix earnings and numbers came in much worse than expected (with net subscribers negative at -200 K and forecasts of -2 million in the next quarter). The stock is currently down 20% from its closing level.

Nevertheless for the day, the major indices were solidly higher:

• Dow Jones closed up 499.5 points or 1.45% at 34911.19
• S&P rose 70.52 points or 1.61% at 4462.22
• NASDAQ index rose 287.31 points or 2.15% at 13619.67
• Russell 2000 rose 40.63 points or 2.04% at 2030.76

Good news from IBM after the close:

• earnings-per-share came at $1.40 versus expectations of $1.38
• revenues $14.2 billion versus expectations of $13.85 billion
• adjusted gross margins of 52.9% versus 54.9%

tock price is up $3.50 or 2.71%