The major European indices are closing mixed to start the new trading week. A snapshot of the closing levels shows:
- German DAX, +0.11%
- France’s CAC, -0.18%
- UK’s FTSE 100 -0.27%
- Spain’s Ibex, +0.07%
- Italy’s FTSE MIB -0.08%.
As London/European traders come to the conclusion of the trading day, the US major indices are all negative, and near session lows:
- Dow industrial average -149 points or -0.31% at 47805.
- S&P index -22.51 points or -0.33% at 6848.18.
- NASDAQ index -50 points or -0.21% at 23527.
The small-cap Russell 2000 is bucking the trend and trading up 9.73 points or 0.39% at 2531.12.
Some losers today include:
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Netflix (NFLX): 95.73, down 4.50 (-4.49%)
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Boston Scientific (BSX): 93.29, down 4.22 (-4.33%)
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Lululemon Athletica (LULU): 182.34, down 7.67 (-4.04%)
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Intel (INTC): 39.76, down 1.65 (-3.99%)
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Tesla (TSLA): 438.38, down 16.62 (-3.65%)
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Baker Hughes (BKR): 47.60, down 1.60 (-3.25%)
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Fortinet (FTNT): 84.18, down 2.74 (-3.15%)
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Macy’s (M): 22.17, down 0.68 (-2.98%)
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Nike (NKE): 64.15, down 1.71 (-2.59%)
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Intuit (INTU): 656.63, down 17.00 (-2.52%)
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Stryker (SYK): 354.70, down 9.32 (-2.56%)
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Lennar (LEN): 121.16, down 2.75 (-2.22%)
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Airbnb (ABNB): 121.72, down 2.61 (-2.10%)
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Live Nation Entertainment (LYV): 136.42, down 2.91 (-2.09%)
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Palo Alto Networks (PANW): 194.74, down 4.10 (-2.06%)
Some winners today include:
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Paramount Skydance (PSKY): 14.37, up 1.00 (+7.48%)
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Celsius (CELH): 43.68, up 1.62 (+3.85%)
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Robinhood Markets (HOOD): 136.43, up 4.48 (+3.40%)
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Ciena Corp (CIEN): 208.31, up 6.61 (+3.27%)
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Corning (GLW): 88.47, up 2.50 (+2.91%)
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Chewy (CHWY): 34.40, up 0.93 (+2.76%)
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Broadcom (AVGO): 400.90, up 10.67 (+2.73%)
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Micron (MU): 243.43, up 6.21 (+2.62%)
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Strategy (MSTR): 182.71, up 3.73 (+2.08%)
Looking at the US debt market, yields are higher:
- 2-year yield 3.604%, +4.0 basis points
- 5 year yield 3.767%, +5.2 basis points
- 10 year yield 4.181%, +4.3 basis points
- 30 year yield 4.825%, +3.3 basis points
looking at other markets:
- Crude oil is trading down $0.85 at $59.20.
- Gold is trading down $1.50 at $4195.77.
- Silver is trading down $0.33 at $57.95.
- Bitcoin is trading up $42 and $90,441, but is up from Friday’s close of $89,348
