Major indices end mixed. 2nd weekly gain in 3 weeks for the major indices

Technical Analysis

Major indices close near session highs

The major indices are closing near the session highs for the day. The final numbers are showing

  • S&P index +6.94 points or 0.24% at 2955.45. The hi for the day reached 2956.76. The low extended to 2933.59
  • Nasdaq closed up 39.705 points or 0.43% at 9324.58. The high for the day reached 9328.28. The low was down at 9239.41
  • Dow fell -8.96 points or -0.04% to 24465.18. The high reached 24481.64. The low extended to 24294.07

Also of note: 

  • Dow best weekly gain in 6 weeks
  • NASDAQ closes less than 5% from all time highs
  • S&P index closes less than 12% from all time highs
  • Dow closes 16% from the record high

For the trading week:

  • S&P index rose 3.2%
  • NASDAQ index rose 3.44%
  • Dow rose by 3.29%

For 2020,

  • NASDAQ index leads the way with a 3.92% gain
  • S&P index is still down by -8.52% (and is -12% from the all-time high)
  • Dow is lower by -14.27% (and is -16% from the all-time high)

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