The final numbers are showing:
- Dow industrial average rose 546.75 points or 1.65% at 33674.39
- S&P index rose 75.05 points or 1.85% at 4136.28
- NASDAQ index rose 269 points or 2.25% at 12235.40
The Russell 2000 index, small caps rose 41.06.2 or 2.39% at 1759.87. There was a large gain since January 31 when the index rose 2.45%
For the trading week,
- Dow Industrial Average fell -1.24%
- S&P index fell -0.80%
- NASDAQ index closed marginally higher by 0.07%
- Russell 2000 fell -0.51%
upon answer earnings after the close yesterday and its shares rose $7.83 or 4.72% today. Nvidia moved back to the upside with a 4.06% gain. Microsoft gained 1.72%, Adobe rose 3.77% and Tesla gained 5.51%. Disney rose 3.15% and Shake Shack rose 6.51% adding to their sharp gains yesterday after better-than-expected earnings (up 19.65% for the week). Shopify also announced earnings and rose 8.25% today, and 28.03% this week. The Ark Innovation Fund rose 4.62%
On the downside Meta fell -0.32% and Intel fell -0.80%.
This article was written by Greg Michalowski at www.forexlive.com.