An ugly day for the NASDAQ. Major indices close at lows

Dow turns negative at the close It was an ugly day for the NASDAQ index. It fell 2% on the day on a decline of 265.8 points. The S&P index and Dow were down more modestly but both closed at the session lows.  The declines today cannot be blamed on yields moving higher. The treasury curve is lower across the board with […]

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Nasdaq closes higher for the 2nd consecutive day and leads the indices higher

Dow and S&P lag. Russell 2000 closes lower for the 2nd time in 3 days The NASDAQ close higher for the second consecutive day. It led the major indices higher with the S&P and Dow lagging well behind. The small-cap Russell 2000 index lags with a decline of -0.90%. The final numbers are showing: S&P index +27.48 points or 0.70% at […]

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Major indices have another wild ride in trading today

Major indices close near highs for the day It was another wild day in the equity complex.   The major indices are all closing higher and near their session highs after earlier falls were erased. Dow posted the best weekly performance in four weeks NASDAQ sees its second straight weekly loss Dow S&P and NASDAQ snap three day losing streak […]

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Major indices tumble with the NASDAQ/Russell index lead the declines

Russell index falls -2.76%. The NASDAQ index was -2.11% The major indices tumbled once again with the NASDAQ and Russell 2000 index leading the way to the downside. Feds Powell’s interview with the Wall Street Journal did not help hope that the Fed chair would look to talk down (or act on) the higher long-term rates. That did not […]

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