TECHNICAL ANALYSIS

NASDAQ Closes New Record


The S&P and Dow index slide lower during the day

US equities closed the session with mixed results. On the positive side, the NASDAQ index continues to outperform.

  • It increased for the 7th of the last 8 trading days.
  • Apple, Facebook, Amazon and Microsoft to close at record levels
  • NASDAQ is up 17.56% over the year. It far exceeds the S&P index at -2.44%. Dow’s industrial average is down almost 10% over the year

The S&P Index and the Dow Industry Average underperformed. Each of these clues fell on the day.

The latest figures show:

  • S&P Index -17.84 points or -0.56% to 3,152.10
  • NASDAQ Index +55.25 points or 0.53% to 10,547.75
  • Average industrial Dow -360 points or -1.39% to 25,706.10

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