US stocks end the session with gains. Nasdaq leads the way.

Nasdaq up 0.56% leads the wayThe US major stock indices are closing up on the day with the tech heavy Nasdaq leading the way higher.

  • The Nasdaq is up 0.56% or 41.30 points at 7372.00.
  • The S&P is up 7.18 points or 0.26% at 2728.12
  • The Dow is ending up 9.36 points or 0.04% at 24884

Technically, the S&P index closed below its 200 hour MA at 2736. A move above that MA level will be needed to push the pair higher (see green line in the chart below). 

Chip stocks did well today:

  • Micron rose 3.29%
  • NVidia rose 2.76%
  • Intel advanced by 1.93%
  • Broadcom increased by 1.61%

Other gainers today included:

  • Netflix, up 3.24%,
  • Alibaba, up 3.09%
  • Caterpillar up 1.75%

Underperformers included:

  • Tesla, -1.54%
  • Boeing -1.06%
  • Johnson & Johnson -1.19%
  • Walmart, -1.03%
  • Lockhead Martin, -0.82%
  • Pfizer -0.68%

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