US major indices rebound some of the losses from yesterday

  • Nasdaq index bounces off the 100 hour MA at the lows
Stocks down

The major US stock indices are closing higher with the NASDAQ index leading the way with a gain of 0.65%. The gains only erase part of the sharp declines yesterday which saw the NASDAQ index fall -2.04% and the S&P fall -1.17%

The final numbers are showing:

  • Dow industrial average +2 to 5.76 or 0.48% at 47311.00.
  • S&P index up 24.74 points or 0.37% at 6796.29.
  • NASDAQ index +151.16 points or 0.65% had 23499.80.

Looking at the S&P components, 7 of the 11 components did close in positive territory led by consumer discretionary by 1.12%. That segment has been hit of late, but with the Supreme Court leaning toward limiting Pres. Trump's tariff ability, gave retail importers of goods some positive price action:

  • Consumer Discretionary +1.12%

  • Materials +0.54%

  • Health Care +0.44%

  • Industrials +0.40%

  • Financials +0.28%

  • Energy +0.19%

  • Utilities +0.04%

  • Real Estate −0.06%

  • Information Technology −0.08%

  • Consumer Staples −0.20%

  • Communication Services −0.36%

Looking at some of the winners today:

  • Micron +8.93%

  • Southwest Airlines +6.56%

  • United Airlines Holdings +6.47%

  • American Airlines +6.13%

  • Lam Research +5.95%

  • Nebius NV +5.82%

  • First Solar +5.59%

  • iShares Global Clean Energy +5.42%

  • Western Digital +5.16%

  • Delta Air Lines +5.15%

  • Stellantis NV +4.33%

  • Robinhood Markets +4.15%

  • Tesla +4.03%

...and some of the losers:

  • Super Micro Computer −11.34%

  • Live Nation Entertainment −10.42%

  • Papa John’s −5.08%

  • Emerson −3.84%

  • Home Depot −2.42%

  • Lockheed Martin −2.40%

  • Chewy −2.13%

  • Bank of America −2.05%

  • Uber Technologies −2.02%

  • ProShares UltraPro Short QQQ −1.99%

  • Roblox −1.86%

  • Synopsys −1.81%

  • NVIDIA −1.77%

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