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%
