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:
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Home Depot: −6.00%
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Western Digital: −5.94%
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Micron: −5.56%
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Amazon.com: −4.43%
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AMD: −4.31%
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Box Inc: −3.71%
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CrowdStrike Holdings: −3.04%
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Arm: −2.97%
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SoFi Technologies: −2.96%
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Deutsche Bank AG: −2.95%
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Lam Research: −2.87%
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NVIDIA: −2.80%
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Microsoft: −2.70%
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Cadence Design: −2.60%
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Boston Scientific: −2.50%
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IBM: −2.42%
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Palantir: −2.29%
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Fortinet: −2.17%
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Block: −2.12%