Major indices close higher. Dow up for the 7th consecutive day.

The major stock indices closed higher on the day. The Dow led the way with a gain of 1.06%. That was good for the 7th consecutive up day for that index. The Nasdaq and the S&P each closed higher for the 6th in 7 trading days.

The final numbers are showing:

  • Dow industrial average is up 366.58 points or 1.08% at 34951.92
  • S&P is up 32.19 points or 0.71% at 4554.97
  • Nasdaq is up 108.68 points or 0.76% at 14353.63

The Dow was pushed higher with Microsoft a leader. After trading up over 5% for a lot of the day, MSFT closed up 3.98% at $359.49. They announced that they would incorporate their chatbot in Office suite for a monthly charge of $30.

Other winners in the Dow

  • UnitedHealth rose 3.29%
  • Goldman Sachs rose 3.08%
  • Verizon arose 2.54%
  • Caterpillar rose 2.46%

Other big winners today included:

  • Charles Schwab rose 12.52% after beating on earnings
  • Morgan Stanley rose 6.46% after they announced earnings today
  • Netflix rose to 5.5%
  • Bank of America (also announced earnings) closed up 4.49%
  • Uber rose 4.15%
  • Palantir rose 3.85%
  • Live Nation rose 3.56%
This article was written by Greg Michalowski at www.forexlive.com.

from Forexlive RSS Breaking News Feed https://ift.tt/nQyXTcZ
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