Nasdaq leads the way…
The major indices closed higher and reversed earlier losses near the early hours of the trading day:
- The S&P closed up 10.78 points or 0.37% at 2887.91
- The NASDAQ index closed up 48.313 points or 0.61% at 7972.47
- The Dow close of 113.99 points or 0.44% at 25971.06.
Apple was a big winner today a day ahead of its new product releases. The US’s largest capitalized stock rose $5.51 or 2.53% to $223.85.
Intel was a big loser following $1.37 or -2.96% to $44.93.
Tesla was also under pressure on another downgrade. It fell $6.06 or -2.12% to $279.44.
- Amazon rose 2.48%.
- Netflix rose 2.16%
- Microsoft rose 1.76%
- Home Depot, on the back of support from hurricane Florence, rose an additional 1.52% today
On the downside, in addition to Intel’s decline:
- broadcom, fell -3.35%
- Micron fell -2.9%
- Celgene fell -2.15%
- Nvidia fell -0.70%