2-day losing streak is broken for the major indices

Technical Analysis

Russell 2000  closes for the 1st time in 4 sessions

The Dow, S&P and Nasdaq snapped a 2-day losing streak although the road traveled was not a straight lines and buyers and sellers battle it out.

  • The Russell index was the biggest gainer on the day and snapped a three day losing streak 
  • Dow had its best day in nearly 2 weeks
  • The S&P and Dow closed near session highs
  • The NASDAQ lagged in a very volatile up and down day.

A look at the final numbers shows:

  • S&P index rose 20.41 points or 0.52% at 3909.55
  • NASDAQ index rose 15.79 points or 0.12% at 12977.68
  • Dow rose 199.42 points or 0.62% at 32619.48.
  • Russell index rose 48.86 points or 2.29% at 2183.12

The heads of Facebook, Alphabet and Twitter testify before lawmakers today with the usual bashing of their policies toward policing and suppressing information or misinformation.  

  • Alphabet closed near unchanged
  • Facebook fell -1.17%
  • Twitter fell -1.4%.

Articles You May Like

Why invest in silver through ETFs?
Yen’s Decline, Robust US Investor Confidence, and Aussie’s Rise
Equities hold the optimism, counting down to US data later
We’re boosting our price target on Alphabet by $30 after it delivered the quarter we’ve been waiting for
US MBA mortgage applications w.e. 26 April -2.3% vs -2.7% prior