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Category: Forex News

Not today. Major indices close lower and lower for the week as well

Not today.

The major indices are closing lower, and also lower for the week. The declines come after both S&P and NASDAQ indices reached new all-time high intraday levels.

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The final numbers are showing:

  • Dow industrial average -68.68 points or -0.18% at 38722.70
  • S&P index -33.67 points or -0.65% at 5123.68
  • NASDAQ index -188.27 points or -1.16% at 16085.10.

The small-cap Russell 2000 also fell by -2.02 point or -0.10% at 2082.71

For the trading week

  • Dow industrial average, -0.93%
  • S&P index, -0.26%
  • NASDAQ index, -1.17%

The Russell 2000 was the only positive with a gain of 0.304%

Nvidia fears extended close to the $1000 level reaching $974 before reversing sharply to the downside in closing at $875.35. The low for the day reached down to $865.06 for a huge range of close to $110.

Conversely Apple shares snapped a seven day decline with a gain of $1.75 or 1.04% to $170.70.

Other losers today included:

  • Super Micro Computers -1.73%
  • Palo Alto Networks -2.23%
  • Dell -3.53%
  • Meta -1.22%
  • ARM holdings -6.65%
  • Broadcom, -6.99%
  • Intel -4.66%
  • Crowdstrike -2.07%
  • Costco -7.64%
  • Micron -1.37%
  • Taiwan Semiconductor , -1.90%

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Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

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