Mixed day in the US stock market
The US stock market has slid into the close and at the bell, the results are mixed:
- The Dow is the big winner, closing up 124 points or 0.46% and at a new record high
- The S&P is closing down marginally. The index closed down -1.15 points or -0.04% at 2923.44.
- The Nasdaq was the dog for the day, closing down -37.75 points or -0.47% at 7999.54.
Some winners today:
- Intel rose 3.55%
- Celgene rose 2.2%
- Caterpillar rose 1.68%
- Disney rose 1.21%
- Boeing rose 1.1%
- Verizon rose 1.06%
- Apple rose 0.89%
Some losers included:
- Tesla, down -3.01%
- Nike, down -1.98%
- Facebook, -1.91%
- Amazon, -1.65%
- Home Depot, down -1.31%
- Adobe, down -1.27%
- Alibaba, down -1.12%
- Netflix, down -1.12%
- Nvidia, -1.0%
Big news in the corporate world today is Amazon announced that they would raise their minimum wage to $15 per hour and said they would lead the charge to get the US to raise the minimum wage from the current $7.25.
