The major US stock indices close the week with a four day when streak. Monday’s declines of over 2.5% were erased on Tuesday. The gains from Wednesday Thursday and Friday were icing on the cake.
The NASDAQ index outpaced the other major indices with a gain of 6.73%.
.For the day, the NASDAQ rose 1.26%
A snapshot of the final numbers shows:
Dow industrial average rose 20.10 points or 0.05% at 40113.50.S&P index rose 40.44 points or 0.74% at 5525.21.NASDAQ index rose to 16.90 or 1.26% at 17382.94
for the trading week:
Dow industrial average rose 2.48%S&P index rose 4.59%NASDAQ index rose 6.73%
Some of the biggest winners this week included:
Palantir: +19.88%
Robinhood Markets: +19.72%
Trump Media & Technology Group: +18.83%
Tesla: +18.06%
SoFi Technologies: +17.21%
MicroStrategy: +16.26%
Shopify Inc: +16.10%
Micron: +15.92%
Super Micro Computer: +15.76%
Nio A ADR: +14.35%
Netflix: +13.20%
CrowdStrike Holdings: +13.11%
Next week, Microsoft, Amazon, Meta and Apple report earnings. Also, McDonald’s, Starbucks, Pfizer, Exxon Mobil, Coca-Cola, Chevron will all report as well
This article was written by Greg Michalowski at www.forexlive.com.