Comes after Friday's strong gains. 3rd rise in a row.
The US major stock indices are ending the day with another 1% pop higher. That comes after the >1.4% increased on Friday. The S&P and Nasdaq are closing near the highs. The Dow is close enough. The Nasdaq composite index is now up on the month. Remember this IS the month of the sharp corrective move that took the major indices into the red for the year. The Nasdaq is now up 7.50% on the year.
Here are the closing levels:
- The S&P is ending up 1.18% or 32.30 points at 2779.60
- The Nasdaq is ending up 84.07 points or 1.15% at 7421.46
- The Dow is ending up 399.28 points or 1.58% at 25709.27.
Some overachievers in the market today:
- First Solar, up 5.36%. Last week the stock was hit on the back of earnings
- Pandora, +4.52%
- Berkshire Hathaway B, +3.90%
- Micron, up 3.12%
- 3M, +3.03%
- Cisco, up 3.09%. Cisco earnings beat last week. It traded at a 52 week high today.
- AMD, up 2.90%
- Intel, up 2.89%. Intel was the biggest winner last week for the Dow and is starting this week with strong gains.
- Netflix, up 2.88%
- American Express, +2.85%
- United Continental +2.52%
- Delta Air lines +2.34%. Warren Buffet, an owner of the airlines, said today he could see himself "owning an entire airline".
- Apple, +1.98%
- Boeing, up 1.90%
Some underachievers include:
- Office Depot, -3.56%
- Whirlpool, -1.98%
- Twitter, -1.5%
- Chipotle, -1.24%
- Broadcom, -0.30%
- Fiat Chrysler, -0.32%
- Priceline, -0.07%
- Coca-Cola, -0.05%
- Lockheed Martin, unchanged
- Home Depot, +0.04%
- Walmart, +0.23%
