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Tue, 25th April 2017

Anirudh Sethi Report

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Archives of “dow jones industrial average” Tag

Overnight US Market :Nasdaq closes at record levels. Major indices end the day with strong gains.

Nasdaq up 1.24%. S&P index up 1.08%. Dow up 1.08%

The Nasdaq composite index is ending the day up 1.23% – a record close for that index.  The S&P rose by 1.08% and the Dow also gained over 1% (up 1.06%).
3M, Home Depot, Microsoft all traded at record highs.
Today is the biggest one day gain since March 1st.
The details:
  • Nasdaq rose by 73.299 points or 1.24% to 5983.82. The high reached 5989.91, less than 11 points from the Nasdaq 6000.  The low was 5970.254.
  • The S&P index rose y 25.45 points or 1.08% to 2374.15. The high reached 2376.98. The low came in at 2369.19. The all time high for the S&P index came in at 2400.98 on March 1.
  • The Dow rose by 216.13 to 20763.89. The high reached 20792.20. The low came in at 20723.59.  The all time high for the Dow came on March 1st at a high price of 21169.11.  Today, the Dow moved back above the 50 day MA at 20717.77. The price has been below that MA since April 12th.

Overnight US Market :Dow closed -31 points.

Not today Trump. France has an election.

The major US indices are ending the day lower but losses are somewhat modest.  Even Trumps claim that big tax cuts are coming next week did not have an impact.  France elections this week helped to keep the lid on equities.
For the day:
  • S&P ended down -0.30% to 2248.69. The high reached 2356.18. The low 2344.51. The index failed to close above the 50 day MA this week at 2357.42 despite a few tries to break back above. That is a little more bearish at the end of the week and something to watch in the early part of next week.
  • One day after closing at a record level, the Nasdaq is closing at 5910.52 down -6.254 points or -0.11%
  • The Dow fell by -30.95 points or -0.15%
For the week:
  • S&P indeix is ending the week with a gain of 0.85%
  • Nasdaq is ending with a gain of 1.82%
  • The Dow is ending up 0.46%
For the year to date:
  • S&P is up 4.91%
  • Nasdaq is up 9.8%
  • Dow is up 3.97%

Overnight US Market :Dow closed +174 points ,S&P 500 closed up 18 points

Nasdaq up 0.92%. S&P up 0.76%.  Dow up 0.86%

The US major indices are ending the day with solid gains.
The Nasdaq index is leading the way, closing at record highs today.  
More specifically, 
  • The Nasdaq is up 53.74 points or 0.92% to 5916.77
  • The S&P is also up strongly. The index is up 17.67 points or 0.76%. The index, however, could not close above its 50 day MA at 2356.38. The index is closing just below the MA at 2355.84
  • The Dow industrial average is also closing higher by 174.22 points to 20578.71. The high reached 20629.78.

Overnight US Market : Down day for the major US stock indices. S&P closes below the 50 day MA

S&P, Nasdaq and Dow.

The major US stock indices are all closing lower. Moreover the S&P index is closing below it’s 50 day MA for the first time since the 8th of November. The 50 day MA comes in at 2350.92. Yesterday, the price fell below that MA line (it also fell below on March 27th) but recovered by the close.   Today, was not so lucky as the price is not only closing below the MA line, but also closing nearer the low.
  • The Nasdaq is closing down -30.612 points or -0.52%
  • The Dow industrial average is closing down -59.44 points or -0.29%
For your guide the 50 day MA comes in 5828.43. The index settled at 5826.16 today.

Overnight US Market :Dow closed -7 points.

Wall Street failed to hang on to its modest gains on Friday as escalating tensions between the US and Russia over President Donald Trump’s surprise airstrike on Syria weighed on investor sentiment.

The S&P 500 gave up gains of as much as 0.3 per cent to end the day 0.1 per cent lower at 2,355.54. For the week, the index is down 0.3 per cent.

It’s a similar story for the Dow Jones Industrial Average, which closed largely unchanged for the day, as well as for the week at 20.656.10, after having advanced as much as 0.3 per cent earlier on Friday.

Stocks had a choppy Friday, with the major indices swinging between minor losses and gains as the markets weighed a weaker-than-expected March jobs report against Mr Trump’s latest foreign-policy shift and a terror attack in Stockholm.

Overnight US Market : US stocks squeak out gains in the major indices

S&P and Nasdaq little changed. Dow up +0.19%

The US major indices are ending the day with gains.  The S&P and Nasdaq indices were little changed admittedly, but it was still positive and the lows were much lower.
  • S&P index is ending the day up 1.32 points or 0.06% on the day. The low reached 2350.72 and the high reached 2360.53. The index is settling near the high for the day at 2360.53
  • The Nasdaq composite index is settling at 5898.609, up 3.927 points or 0.07%. The high reached 5901.391. The low was about 20 points lower than the close at 5878.76
  • The Dow industrial average closed at 20689, up 39 points or +0.19%. The high reached 20701. The low was 84 points lower at 20605 earlier in the session.
Another day where early losses were largely erased by the close.

Overnight US Market : Broader market up. Dow down.

S&P up +0.11%. Nasdaq up +0.38%

The major US stock indices are ending the session mixed with the broader markets up, while the more specialized Dow Industrial Average down.
  • S&P index is ending the day up 2.56 points or +0.11%
  • Nasdaq composite index is ending the day up 22.40 points or 0.38%
  • Dow Industrial Average is down -42.18 points or-0.20%
The Dow has been down 9 of the last 10 trading days. For the year it is still up 4.54% while the S&P is up 5.46% and the Nasdaq is up 9.56%.

Overnight US Market :Dow closed + 44 points .S&P 500 up 8 points

The Standard & Poor’s 500 index rose 7.73 points, or 0.3 percent, to 2,372.60. The Dow Jones industrial average gained 44.79 points, or 0.2 percent, to 20,902.98. The Nasdaq composite added 22.92 points, or 0.4 percent, to 5,861.73.

Stocks had mostly fallen since March 1, the day indexes soared to their most recent record highs.

Overall it was a slow week for stocks. The current bull market had its eighth anniversary, but six-week winning streaks for the S&P 500 and Nasdaq ended, and the Russell 2000 index of small-company stocks took its biggest loss in three months.

U.S. employers added 235,000 jobs in February, according to the Department of Labor. The gains in hiring and pay, along with higher consumer and business confidence since the November election, could lift spending and investment in coming months and accelerate economic growth.

A poor jobs report was probably the last thing that could have stopped the Federal Reserve from raising interest rates next week.

Overnight US Market :Recover into the close but close near unchanged levels

The US major indices are ending the day with smalll gains.

  • S&P index +1.89 points or 0.08%
  • NASDAQ composite index +1.257 points or +0.02%
  • Dow industrial average +2.46 points or +0.01%
In other markets:
  • Spot gold $1202.13, down $6.20 or -0.51%
  • WTI Crude oil trading at $49.74. That is down $-.54 or -1.07%. The price has bounced off key support at $48.68/72 area where the 200 day MA and 50% retracement was found.
IN the US debt market
  • 2-year note 1.366%, +1.2 basis points
  • 5-year note  2.126%,, +3.3 basis points
  • 10 year note 2.562%,, +3.6  basis points.. The high in the 10 year reached 2.605% just short of the December high of 2.61%
  • 30 year bond 182%, +3.3 basis points

Overnight US Market :Dow closed -30 points.S&P down -0.30%. Nasdaq down -0.26%

S&P  down -0.30%. Nasdaq down -0.26%. Dow down -0.15%

The US major indices are all closing lower for the day.
  • S&P index is closing down -0.29%
  • The NASDAQ composite index is down -0.26%
  • The Dow industrial average is closing down -0.15%
In other markets:
  • Spot gold  is down $9.41 to $1215.87
  • Spot silver is down $.28 to $17.49
  • WTI crude is trading at $53.10 down $.10 on the day or -0.19%
in the US debt market:
  • 2 year note 1.325%, +2 basis points
  • 5 year note 2.045%, +2.6 basis points
  • 10 year note 2.512%, +1.2 basis points
  • 30 year bond 3.114%, plus one basis point