The major stock indices are closing lower on the day after stalling during a midday rally. Each of the 3 major indices stayed in in negative territory for the entire day. A snapshot of the closing levels shows:

• Dow industrial average -498.50 points or -1.07% at 46091.74. At session highs, the index was still down -207.32 points
• S&P index fell -55.09 point or -0.83% at 6617.32. At session highs the index was still down -5.70 points.
• NASDAQ index fell -275.23 points or -1.21% at 22432.85. At session highs the index was down -65.06 points.

The good news is that although the price closed well off its highs for the day, they also closed well off the lows. At session lows:

• Dow industrial average was down -676 points.
• The S&P index was down -98.09 points
• NASDAQ index was down -476.93 points

Nvidia will announce their earnings after the close tomorrow. Shares fell $-5.24 or -2.81% to $181.37.

Other losers today included:

• Home Depot: −6.00%

• Western Digital: −5.94%

• Micron: −5.56%

• Amazon.com: −4.43%

• AMD: −4.31%

• Box Inc: −3.71%

• CrowdStrike Holdings: −3.04%

• Arm: −2.97%

• SoFi Technologies: −2.96%

• Deutsche Bank AG: −2.95%

• Lam Research: −2.87%

• NVIDIA: −2.80%

• Microsoft: −2.70%

• Cadence Design: −2.60%

• Boston Scientific: −2.50%

• IBM: −2.42%

• Palantir: −2.29%

• Fortinet: −2.17%

• Block: −2.12%