The major US stock indices are closing with mixed results.
The Dow industrial average was the biggest loser with a decline of -0.80%. The NASDAQ index rose by 0.27% and the S&P was in between with a decline of -0.18%.
Looking at the losers in the Dow, there were 12 of the 30 with declines of 1% or more. The declines were led by American Express (-2.19%,), Merck (-2.17%) and Travelers (-2.17%).
Dow losers of 1% or more:
American Express: -2.19%Merck & Co: -2.17%Travelers: -2.17%Home Depot: -2.06%Goldman Sachs: -2.02%Nike: -1.74%Dow: -1.69%Amgen: -1.53%Coca-Cola: -1.41%J&J: -1.39%Visa A: -1.30%P&G: -1.02%
Boeing was the outperformer with a gain of 3.11%. Apple rose by 0.66%. There were only 7 of 30 Dow stocks which were positive on the day.
Some other winners today included:
Trump Media & Technology Group: +5.81%NVIDIA: +4.14%Boeing: +3.11% (Dow stock)Zoom Video: +2.34%SoFi Technologies: +2.21%Uber Tech: +1.68%Fortinet: +1.25%AMD: +1.24%Schlumberger: +1.22%Super Micro Computer: +1.14%Netflix: +1.09%
This article was written by Greg Michalowski at www.forexlive.com.