NASDAQ index hovering and on tempo for a brand new report shut

The NASDAQ index is hovering as yields again off. Sturdy items have been higher than anticipated with ex Boeing numbers displaying power. The Michigan shopper sentiment got here in higher with inflation expectations decrease than final month at 2.7% (versus 2.9%).

The NASDAQ index is now up 243 factors or 1.32% at 18658.80. The index can also be buying and selling to a brand new all-time excessive at 18674.37. For the week, the index is up Zero.90%. A achieve will prolong its up streak to seven consecutive weeks.

The S&P index is up 46.67 factors or Zero.80% at 5856.96. Nonetheless, for the buying and selling week and continues to be down -Zero.13%. A decline for the week would snap a six-week up streak, however there may be nonetheless time to erase the small decline.

The Dow industrial common is up 196 factors or Zero.46% at 42568.70. It’s nonetheless down -1.64% this week regardless of the achieve.

This text was written by Emma Wang at www.ubaidahsan.com.



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