The S&P gain closes between the Dow and NASDAQ
All the major indices close higher but well off highs and also with differing gains:
The Dow and S&P closed higher for the 3rd straight day. The NASDAQ index is on a today winning streak.
The final numbers are showing:
- NASDAQ index up 133.67 points or 1.21% at 11190.32. It's high price extended up to 11244.46. The low price was at 11127.97
- S&P index closed up 17.61 points or 0.52% the 3401.15. It's high reached 3419.48 while the low extended to 3389.25
- Dow industrial average closed up 2.27 points or 0.01% at 27995.60. It's high reached 28231.06 while the low extended to 27931.45
The NASDAQ index closed near 7% from its all-time high. The Dow industrial average and S&P are closing 5% from their all-time highs.
The Russell 2000 which was the big gainer yesterday was the laggard today. It fell -0.03% after being as high as up 0.91% intraday.
European shares today closed with varying results. The German DAX rose by 0.18% while the UK FTSE 100 close up 1.32%.
After the close, Adobe announced earnings of $2.57 vs. $2.41 on revenues of $3.23 billion vs. estimate $3.16 billion. Adobe shares are trading up $26.40 to $512.31
FedEx also announced better-than-expected earnings-per-share of $4.87 vs. $2.69. Revenues beat at $19.3 billion vs. $17.58 billion estimate. Shares are up 3.85% after the close.
Financials slumped in trading today with Citigroup down -6.94%. The only gainer amongst the major financials was Wells Fargo which gained 0.32% on the day.
Some winners today included:
- Tesla, +7.09%
- Square, +6.99%
- Netflix, +4.15%
- Qualcomm, +2.76%
- Stryker, +2.41%
- Facebook, +2.33%
- Crowd Strike Holdings, +2.32%
- Salesforce, +2.05%
