Record close on the S&P and the Dow.

Ahead of the CPI data tomorrow morning at 8:30 AM, US stocks closed higher with the S&P and the Dow industrial average both closing at record levels. The NASDAQ index closed higher as well and is now around 1.9% from it’s all time high closing level at 18467.58.

A snapshot of the closing levels shows:

• Dow industrial average rose 431.63 points or 1.03% at 42512.00
• S&P index rose 40.91 points or 0.71% at 5792.04
• NASDAQ index rose 108.70 points or 0.60% at 18291.62

The small-cap Russell 2000 rose 5.601 points or 0.26% at 2200.58

Looking at the Magnificent Seven, despite the gains, the results were mixed:

• Apple (AAPL): +$3.77 (+1.67%)
• Amazon.com (AMZN): +$2.45 (+1.34%)
• Microsoft (MSFT): +$2.75 (+0.66%)
• NVIDIA (NVDA): -$0.24 (-0.18%)
• Meta Platforms (META): -$2.55 (-0.43%)
• Tesla (TSLA): -$3.45 (-1.41%)
• Alphabet A (GOOGL): -$2.52 (-1.53%)

Other gainers today included:

• Celsius (CELH): +6.16%
• Snowflake (SNOW): +5.42%
• Corning (GLW): +4.82%
• Super Micro Computer (SMCI): +4.28%
• General Motors (GM): +4.21%
• Palantir (PLTR): +4.05%
• Pfizer (PFE): +3.48%
• Arm (ARM): +3.36%
• Fortinet (FTNT): +3.27%
• Chewy (CHWY): +3.01%
• Roblox (RBLX): +2.99%
• Broadcom (AVGO): +2.89%

This article was written by Greg Michalowski at www.forexlive.com.