Major stock indices are closing mixed. The Dow industrial average and S&P index both rose, with the S&P closing at a new record high. The NASDAQ index fell snapping its six day winning streak and its six day streak of consecutive record closes.
A snapshot of final numbers shows:
- Dow industrial average rose 179.37 points or 0.40% at 44502.44
- S&P index rose 4.02 points or 0.06% at 6309.62 to a new record high.
- NASDAQ index fell -81.49 points or -0.39% at 20892.69.
- Russell 2000 rose 17.62 points or 0.79% at 2248.75
Looking at some companies price action today.
- Shares of Alphabet rose $1.24 or 0.65% to $191.34. Shares have now risen for 10 consecutive days. Their earnings will be released after the close tomorrow.
- Tesla rose by $3.62 or 1.10% at $332.11. Its earnings will also be announced after the close tomorrow.
- After a one-day reprieve yesterday, shares of Netflix rotated back to the downside with a decline of -3.5% today to the lowest level since June 10. Shares are now down 11.3% from its all-time high on June 30
- Chip stocks were sold today with Broadcom down -3.34%, Nvidia down -2.54%, and AMD down -1.45%.
This article was written by Greg Michalowski at investinglive.com.