The major US stocks indices are closing the day mixed (the Nasdaq closed modestly higher)
- The S&P is down for the 4th consecutive day and is closing below the 4000 level.
- The Nasdaq snapped a 3 day decline
- The Dow was the worst performer with a decline of -0.25%
The final numbers are showing:
- Dow fell -83.26 points or -0.25% at 33046.34
- S&P index fell -6.08 points or -0.15% at 3991.27
- NASDAQ index rose 14.78 points or 0.13% at 11507.08
- Russell 2000 rose 6.45 points or 0.34% at 1894.67
Looking at the S&P index on the daily chart, the low price today skimmed a upward sloping trend line at 3979.40. The low price reached just below that level 3976.90 but bounced higher.
Earnings after the close
eBay
- EPS $1.07 versus $1.06 estimate
- Revenues $2.51 billion versus $2.47 billion estimate
Nvidia
- EPS $0.88 vs $0.81 estimate
- revenues $6.05B vs $6.01B estimate
- Shares are up 7% in after hours trading.