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Nasdaq erases declines. Index trades in positive territory. | Forexlive

The NASDAQ index has moved into positive territory. It currently trades up 49 points or less 0.27% at 19194.50. That erased a decline of -142.20 at session lows. With the week nearly half over, the index is near unchanged at -0.09%

📈 Top Gainers in the Nasdaq-100

  1. Alphabet Inc. (GOOGL)

  2. AppLovin Corporation (APP)

  3. ARM Holdings plc (ARM)

  4. Netflix Inc. (NFLX)

  5. Palantir Technologies Inc. (PLTR)

Although positive, the S&P index is still down on the day. It’s current price is down -11.43 points or -0.19% at 5929. For the week, the index is down -0.50%. At session lows today, the index was down -62.69 points.

Finally, the Dow industrial average is sharply lower today with a decline of -306.60 points or -0.72% at 42371. At session lows index was down -448.09 points. For the trading week, the index is down -0.67%

📉 Top Dow Drags Today

1. UnitedHealth Group (UNH)

  • Price Drop: −$20.42 (−6.4%)

  • Reason: HSBC downgraded UnitedHealth’s stock and significantly reduced its price target from $490 to $270, citing concerns over regulatory pressures and margin compression.

2. Amazon.com Inc. (AMZN)

  • Price Drop: −$3.37 (−1.7%)

  • Reason: While specific news was not detailed, the decline contributed to the overall drag on the Dow.

3. Nike Inc. (NKE)

4. American Express Co. (AXP)

5. International Business Machines Corp. (IBM)

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