Thursday , 6 February 2025
Home Forex Down day for the broader S&P and Nasdaq indices
Forex

Down day for the broader S&P and Nasdaq indices

It was a down day for the broader US stock indices with the NASDAQ index leading the way to the downside. The Dow 30 stocks did rise modestly. The S&P could not hold onto gains into the close and in doing so, did not close at a new all-time high.

The final numbers are showing:

  • Dow industrial average was 37.81 points or 0.10% at 39043.31
  • S&P index down 9.98 points or -0.19% at 5165.30
  • NASDAQ index -87.88 points or -0.54% at 16177.76

The small-cap Russell 2000 did rise with a gain of 6.233 points or 0.30% at 2071.71.

Some movers higher or lower today included:

  • Nvidia, -1.12%
  • Super Micro Computers +2.16%
  • 3M +5.44%
  • Celsius, +5.55%
  • Palo Alto Networks +1.89%
  • Dell -3.13%
  • Apple -1.21%
  • Alphabet +0.93%
  • Intel -4.44%. The US Defense Department canceled a $2.5 billion investment for chip manufacturing
  • AMD -3.95%
  • Tesla -4.53%
  • Arm Holding, +1.37%
  • Caterpillar +1.37%
  • PayPal +4.03%
  • Broadcom -2.63%
  • GM +2.68%
  • Micon -3.35%
  • Taiwan Semiconductor -1.57%

There were fairly sizable moves in some of the major market movers in both the up and downside today.

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

More from Fed’s Logan – estimates of neutral rate vary widely, but most have moved up

Federal Reserve Bank of Dallas President Lorie Logan:Estimates of the real neutral...

TD Securities on RBA rate cuts, inflation remains key driver

I posted yesterday on Bank of America's view that the Reserve Bank...

Fed’s Logan: Says 2025 choice is to resume cutting soon, or to hold ‘for quite some time’

Federal Reserve Bank of Dallas President Lorie LoganChoices in 2025 boil down...

BOC Gov Macklem says Trump’s tariff threats weighing on business, household confidence

Bank of Canada Governor Macklem speaking:The world looks increasingly shock-prone.As 2025 begins,...