The NASDAQ index led the market higher today and this week, closing at yet another record high and extending to a new intraday high, surpassing the high price from July 31 at 21457.48. The high price today reached 21464.53.
The S&P also moved higher but closed just below its prior record high at 6389.77. The closing level today came in at 6389.45, just $0.32 from that record high.
A snapshot of the closing levels shows:
- Dow Industrial Average rose 206.97 points or 0.47% at 44175.61.
- S&P index rose 49.45 points or 0.78% at 6389.45.
- NASDAQ index rose 207.32 points or 0.98% at 21450.02.
- Russell 2000 rose 3.700 points or 0.17% at 2218.41.
For the trading week:
- Dow industrial average rose 1.35%
- S&P index rose 2.43%. It largest gain since June 23.
- NASDAQ index rose 3.87%. It’s largest gain since June 23.
Apple shares this week were the star with a gain of 13.33%. Other large-cap stocks did well with the exception of Microsoft.
- Amazon rose 3.7%.
- Meta rose 2.57%
- Microsoft fell -0.39%.
- Nvidia rose 5.17%.
- Alphabet rose 6.50%.
- Tesla rose 8.93%
