NASDAQ closes at a new record high | Forexlive
The major stock indices are closing higher led by the NASDAQ index and the small cap Russell index. The final numbers are showing:
- Dow industrial average +88.14 points or 0.20% at 44459.65.
- S&P index up 8.81 points or 0.14% at 6268.56.
- NASDAQ index up 54.80 points or 0.27% at 20640.33.
The small-cap Russell 2000 rose 14.90 points or 0.67% at 2249.72.
Meta CEO Mark Zuckerberg announced that the company plans to invest hundreds of billions of dollars into computing infrastructure to develop superintelligence, leveraging Meta’s strong business capital to fund the ambitious effort. Shares of Meta rose to a high of $728 but backed off closing up $3.41 or 0.48% at $720.92.
Other winners today included:
-
Roblox (RBLX): +5.78%
-
Block (XYZ): +5.42%
-
Palantir (PLTR): +4.96%
-
Shopify (SHOP): +4.13%
-
Fortinet (FTNT): +3.97%
-
MicroStrategy (MSTR): +3.79%
-
PayPal (PYPL): +3.53%
-
Tapestry (TPR): +3.17%
-
Live Nation Entertainment (LYV): +3.17%
-
Corning (GLW): +2.99%
-
Delta Air Lines (DAL): +2.57%
-
Airbnb (ABNB): +2.38%
-
Gilead (GILD): +2.23%
Earning season is kickstarting tomorrow with J.P. Morgan reporting before the open. Overall six of the 30 Dow stocks will announce the earnings in the first few days (see * on the names below).
Below is a list of the major releases to start the earnings season:
Tuesday:
- J.P. Morgan*
- Wells Fargo
- JB Hunt
- BlackRock
- Bank of New York
- Citicorp
Wednesday:
- United Airlines
- PNC
- Goldman Sachs*
- Bank of America
- Morgan Stanley
- Johnson & Johnson *
Thursday
- Travelers*
- Netflix
- PepsiCo
- GE Aerospace
- Taiwan Semiconductor
- U.S. Bancorp
Friday
- Comerica
- Charles Schwab
- American Express*
- 3M*
ForexLive.com
is evolving into
investingLive.com, a new destination for intelligent market updates and smarter
decision-making for investors and traders alike.