The major US indices are closing with mixed results today. The Dow industrial average and S&P index both closed lower. No record closes for those indices on the last trading day of the week. The NASDAQ index did close in positive territory and at a new record.
A summary of the closing levels shows:
- Dow industrial average -305.49 points for -0.77% at 39475.91
- S&P index-7.37.4 -0.14% at 5234.17
- NASDAQ index rose 26.97 points or 0.16% at 16428.81.
The small-cap Russell 2012-26.56 points or -1.27% at 2071.99.
For the trading week, the major indices (and the Russell 2000) all closed higher:
- Dow industrial average rose 1.602%
- S&P index rose 2.29%, its best week since December.
- NASDAQ index rose 2.85%, its best week since January 8 week
- Russell 2000 rose 1.60%.
The NASDAQ and S&P indices has only had four down trading weeks in 2024. For the trading year:
- Dow industrial average is up 4.74%
- S&P index is up 9.74%
- NASDAQ index is up 9.44%
- Russell 2000 is up 2.216%
This article was written by Greg Michalowski at www.forexlive.com.