The broader US stock indices closed sharply higher on the day, but were still down for the fourth consecutive week.
S&P index rose 117.42 points or 2.13% at 5638.94NASDAQ index rose 451.07 points or 2.61% at 17754.09Each of those indices have closed lower for 4-consecutive weeks
For the Dow industrial average, it rose 634.62 points or 1.65% at 41488.79. For the trading week, the index fell -3.07%. The Russell 2000 rose by 2.53% today but fell by -1.512% for the week.
Each of the Magnificent 7 rose today, but were mixed for the week
Nvidia rose 5.27% today and was higher by 7.97% for the week Meta rose by 2.87% today, but was lower by -2.89% for the weekMicrosoft rose by 2.58% today, but was lower by 1-21% for the week.Amazon rose by 2.09% today, but was lower by -0.65% for the week.Apple rose by 1.82% today, but fell sharply by -10.7% for the weekTesla rose by 3.86% today, but fell by -4.83% for the week. Alphabet rose by 1.68% today, but fell by -4.81% for the weekFor the year to
Dow industrial average is down -2.48%S&P index is down -4.13%NASDAQ index is down -8.06%. Russell 2000 is down -8.34% This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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