Nasdaq leads the way. S&P higher but short of record high close

  • Dow lower....

The broader stock indices are closing higher. The more limited Dow industrial average closed lower. The smaller cap Russell 2000 was the biggest gainer.

The final numbers are showing:

  • Dow industrial average fell -96.82 points or -0.25% at 38972.40
  • S&P rose 8.63 points or 0.17% at 5078.17
  • Nasdaq rose 59.04 points or 0.37% at 16035.29

The small cap Russell 2000 surged by 27.13 points or 1.34% at 2056.10.

Some winners and losers:

  • Palo Alto Networks rose $12.03 or 3.97% at $314.81. It was reported that Nancy Pelosi purchased a number of in the money options expiring in 2025 with a strike price of $200. HMMMMM... Who needs to follow the flights of Elon Musk when you can get the stock records of Congressional members
  • XBI- a Biotech ETF - rose by $5.55 or 5.70% to $102.89.
  • Apple rose $1.46 or 0.81% after getting out of the EV car business
  • Meta rose $5.31 or 1.10%.
  • Nvidia fell -$3.91 or -0.49%
  • Alphabet rebounded by $1.31 or 0.95% after falling sharply yesterday on Gemini fallout.
  • Celsius - the energy drink company - rose $1.96 or 2.99%. They announce earnings on Thursday.
  • Arm Holdings fell -$8.25 or -5.64% at $137.95
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