NASDAQ closes at a record high for the 33rd time this year

Technical Analysis

S&P fails on attempt to close at record

Selling into the close today pushed the S&P index into the red after trading higher for most of the day. However it is still ending the day with a small gain.

The NASDAQ index is also closing near it’s session lows but had a more solid gain for the day, and is closing at a record level. 

The Dow industrial average spent most the day negative and is closing down for the day.

Highlights of the day:

  • NASDAQ traded at a new intraday record high of 15379.50
  • NASDAQ index closed at a record level for the 33rd time this year
  • S&P index fell just short of reaching a new all-time high and could not hold onto a record closing level either.
  • NASDAQ is up for the second consecutive day

The final numbers are showing:

  • Dow industrial average felt -47.51 points or -0.13% at 35313.22
  • S&P index rose 1.49 points or 0.03% at 4524.17
  • NASDAQ index rose 50.15 points or 0.33% 15309.38
  • Russell 2000 rose 13.28 points or 0.58% at 2287.06

Looking at the S&P sectors, the gains were led by:

  • Real estate, +1.7%
  • Utilities, +1.3%
  • Consumer staples, +0.5%
  • Communications +0.5%

The decliners were led by:

  • Energy, -1.5%
  • Financials, -0.6%
  • Industrials -0.4%
  • Material -0.3% 

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