It was a mixed close for US major stock indices.
- Dow Industrial Average average fell -216.73 points or -0.55% at 38852.87
- S&P index rose 1.32 points or 0.02% at 5306.03. That is short of its all-time high close reached last week at 5321.42
- NASDAQ index rose 99.09 points or 0.59% at 17019.88. It was the first close above the 17,000 level.
These small-cap Russell 2000 index fell -2.816 points or -0.14% at 2066.85. Higher rates weighed on that index today.
Nvidia shares led the way once again with a gain of $75.90 or 7.13% to $1140.59. The price is up 20.13% since earnings were announced on May 22. Nvidia’s market Is up to $2.806 trillion. That is just short of Apple’s market cap of $2.913 trillion.
Other large-cap stocks did not perform as well today:
- Meta Platforms+0.36%
- Amazon+0.77%
- Alphabet, +0.81%
- Microsoft, +0.04%
- Apple, positive 0.01%
- Tesla, -1.39%
- Netflix, +0.35%
Some of the bigger gainers
- Arm holdings, was 8.98%
- AMD +3.16%
- Dell, +3.68%
- Micron, +2.46%
- Decker Outdoor, +4.48%. It shares are up 19.29% since announcing earnings on Thursday was weak
- Home Depot rebounded 1.11% after closing lower 6of the last 7 days