TECHNICAL ANALYSIS

Major U.S. Indices Close Higher But Well Below Their Daily Highs


The results of the month are negative

September is now over and the main indices have closed lower for the first time since March. Additionally, stocks posted the worst September performance since 2011.

The good news is that the major indices are closing higher for the second consecutive quarter and they also closed higher for the day (albeit well below the day’s highs.

So what were the final numbers for the day, month, quarter and year to date?

The main index changes for the month show:

  • The S&P index up 27.53 points or 0.83% to 3,363.00
  • NASDAQ closed up 82.26 points or 0.74% at 11,167.50
  • The Dow closed up 329.04 points or 1.2% at 27,781.70

The main index changes for the month show:

  • S&P index down -3.92%
  • NASDAQ Index Declines -5.16%
  • The Dow Jones fell -2.28%

The main index changes for the quarter show:

  • The S&P index is up 8.47%
  • The NASDAQ index gains 11.02%
  • Dow’s industrial average rose 7.63%

Finally for the year to date, the numbers show:

  • S&P Index is up 4.09%
  • NASDAQ index is up 24.46%
  • The Dow Jones is still down -2.65%.

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