The broader US inventory indices continued to plow ahead with the S&P closing above 5K for the primary time ever. The Nasdaq traded above 16K for the primary time since November 2021 and is now inside 67 factors of a brand new all time excessive shut.
The Dow did fall immediately however as Chevron, Disney and Caterpillar transfer decrease.
The ultimate numbers are displaying:
- Dow industrial common fell -54.66 factors or -0.14% at 38671.70
- S&P index rose 28.70 factors or 0.57% at 5026.62
- NASDAQ index rose 196.94 factors or 1.25% at 15990.65. It is intraday excessive reached as much as 16007.29. The all-time excessive closing stage was at 16057.44.
The small-cap Russell 2000 rose 30.29 factors or 1.53% to 2009.99.
For the buying and selling week, every of the key indices rose for the fifth consecutive week:
- Dow Industrial Common eeked out a 0.04% achieve for the week
- S&P index rose 1.37%
- NASDAQ index rose 2.31%
The small-cap Russell 2000 rose 2.4079%.
For 2024:
- Dow Industrial Common 2.61%
- S&P index is up 5.38%
- NASDAQ index is up 6.52%
The Russell 2000 is down -0.842%.
Joyful days are right here once more….
