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Major indices scape out gains for the day | Forexlive

The major US stock indices have scraped together gains for the day.

  • The Dow Industrial Average was down for most the day and as low as -256.18 points. It is closing up 39.07 points or 0.11%
  • The S&P index is closing up 11.61 points or 0.28% that 4147.75. It’s low for the day move to 4103.98. That was just above the oft cited (by me) swing highs from December that came in at 4100.51 and 4100.96
  • The NASDAQ index rose 110.46 points or 0.92% at 12070.60. At session lows, the index was down -83.33 points
  • Russell 2000 rose 21.05 points or 1.09% at 1960.96. At its session low it was down -14.99 points.

The gains today came without the help of Microsoft whose shares fell $-2.85 or -1.05% at $269.32

Earnings after the close

Roku

  • EPS $-1.70 versus $-1.73 estimate.
  • Revenues $867 million versus $802 million estimate
  • Shares of Roku are up 14.7% at $72.82. Roku shares ended the day with a gain of $6.87 or +12.13%

Roku shares are a part of the Cathie Wood ARK Innovation fund which was up 5.88% on the day

Cisco Systems:

  • EPS $0.88 versus expected $0.86
  • Revenues at $13.6 billion versus expected $13.43 billion
  • Cisco is trading higher by 8.36% in after-hours trading at $52.64

Shopify:

  • EPS $0.07 versus $-0.01 estimate
  • revenues $1.73 billion versus expected $1.65 billion estimate
  • Shopify shares are trading down 1% in after-hours trading at $52.83 after closing up 6.56% at $53.39

Zillow:

  • Revenues came in at $435 million versus expected $410 million