US close, nos etc..22 Mar 2024 06:54
DJ +269 (39,781)
SP +17 (5242)
NS +80 (18,320)
R2 +15 (1328)
WTI $80
10ytb 4•249%
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MSCI(W) +20 (3435)
Gold Bugs -1 (234)
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Latest :- Vix 13. Brent $85.
Gold $2172. Copper $4•017.
Palm $1115. Silver $24•730.
$1•264. €1•168.
FF -4. DF +26.
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Nyse data
Issues 2911
Advances 1923
Declines 900
U/c 88
NH 442
NL 17
T/vol(bn) 4•2
On Wall stocks moved strongly to the upside in early dealings but gave back ground over the session. The 3 major indexes still closed the session at record closing highs. The Dow finished just short of 40,000 while the Nsdq & 500 posted more modest rises both trending down at the close.
Apple was the main casualty on a day of stock gains after the DOJ sued the iPhone maker alleging it monopolised smartphone markets. Shares down $7 to $171. Goldman, Home Depot and Cat led the risers while Coca Cola, IBM and Apple propped up the losers board.
Meanwhile economic data released yesterday added to investor's bullish moods as Americans filing new claims for benefits unexpectedly fell last week by 2000 to 210,000 while sales of pre-owned houses increased by 9% in Feb the most in a year. Signs the economy is on solid footing. The mrkt continues to defy expectations and investors are loving it.
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Morning all.