Flow of funds moves into Dow and small cap stocks. ...Middle East

forex live - News
Flow of funds moves into Dow and small cap stocks.

The market rotated out of the large/mega-cap tech stocks today. Markets got a little spooked by better than expected JOLT job openings and the realization that July is probably not a month for a rate cut.

Some recent gainers were hit hard today.

    Nvidia -2.69%Broadcom -3.82%SuperMicro Computer -3.14%AMD -3.71%Meta -2.42%Palantir -4.27%Palo Alto Networks -3.33%

    Meanwhile, the Dow stocks shined with the following 15 Dow stocks rising by 1.25% or more

    UnitedHealth (UNH): +4.38%

    Amgen (AMGN): +4.11%

    Sherwin-Williams (SHW): +3.73%

    Merck & Co (MRK): +3.25%

    Nike (NKE): +3.19%

    Honeywell (HON): +2.53%

    Johnson & Johnson (JNJ): +2.02%

    McDonald’s (MCD): +1.97%

    Home Depot (HD): +1.93%

    Chevron (CVX): +1.61%

    Coca-Cola (KO): +1.38%

    3M (MMM): +1.34%

    Apple (AAPL): +1.39%

    American Express (AXP): +1.31%

    Procter & Gamble (PG): +1.24%

    The final numbers for the major indices are showing:

    Dow industrial average rose 400.29 points or 0.91% at 44495.06S&P index -6.90 points or -0.11% at 6198.05NASDAQ index -166.84 points or -0.82% had 20202.89Russell 2000 rose 20.43 points or 0.94% at 2195.46

    The day was clearly rotational which is ok as it implies a growing economy, but there is some selling of the rich and buying the less fortunate/poor.

    Two days of record closes in the S&P and Nasdaq come to an end.

    This article was written by Greg Michalowski at www.forexlive.com.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Flow of funds moves into Dow and small cap stocks. )

    Apple Storegoogle play

    Also on site :



    Latest News