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S&P, NASDAQ, Russell 2000 all close lower on the day
Looking at the major stock indices, the Dow industrial average is the only one positive. It also closed at a record high level. Other highlights for the day included:
- The S&P fell for the 2nd day in a row
- The NASDAQ index snapped a 4 day win streak
- The Russell 2000 of small-cap stocks was the weakest index.
Although lower, each of the major indices traded to record levels before rotating to the downside. At around 10 AM, there was a reported big seller in tech stocks which sent the indices to the lows for the day before bouncing and then falling again into the close.
A snapshot at the close shows:
- S&P index fell -1.31 points or -0.031% to 3909.92. . The high price reached 3931.50. The low price extended to 3884.94
- NASDAQ index fell -35.16 points or -0.25% to 13972.53. The high price reached 14109.11. The low extended to 13845.46
- Dow industrial average closed higher by 62.57 points or 0.2% at 31,438.40. The high price reached 31511.44. The low price extended to 31221.32
- Russell index fell -16.51 points or -0.72% at 2282.49
This article was originally published by Forexlive.com. Read the original article here.