Major indices lock in the 4th straight week of gains. Major indices close mixed

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The major US indices are closing mixed on the day with the Dow leading the way higher. The broader S&P is little changed, while the tech-heavy Nasdaq is down marginally.

The final numbers are showing:

  • Dow Industrial Average is up 117.12 points or 0.33% at 35390.14
  • S&P is up 2.70 points or 0.06% at 4559.33
  • Nasdaq is down -15.01 points or -0.11% at 14250.84

The Russell 2000 closed the day  up 11.95 points or 0.67% at 1807.50.

For the trading week, the major indices are closing higher for the 4th consecutive week:

  • Dow industrial average rose 1.27%.  The 4 week gain has taken the price up 9.2%
  • S&P rose 1.0% this week. The 4-week gain has taken the price up 10.73%
  • Nasdaq rose 0.89% this week. The 4 week gain has taken the price up 12.29%

The Russell 2000 rose 0.54% for its 3rd increase in the last 4 weeks for the small cap index.  

This article was written by Greg Michalowski at www.forexlive.com.

Go to Forexlive

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