Stocks push higher into the close. Snatch victory from the jaws of defeat

Apr 2, 2022
Stocks push higher into the close. Snatch victory from the jaws of defeat

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The key indices are closing larger after a late session surge take the Dow and S&P towards the highs and reverse declines within the NASDAQ index.

The key  indices  snapped a two day decline. The Russell 2000 index was the most important gainer as we speak.

The ultimate numbers are exhibiting:

  • Dow industrial common up 139.92 factors or 0.40% at 34818.28
  • S&P index up 15.45 factors or 0.34% at 4545.87
  •  NASDAQ  index up 40.99 factors or +0.29% at 14261.51
  • Russell 2000 index rose 20.98 factors or 1.01% at 2091.11

Wanting on the main sectors within the S&P index, the gainers as we speak included:

  • actual property , +1.9%
  • utilities +1.4%
  • supplies +1.1%

The key decliners as we speak included:

  • industrials, -0.8%
  • know-how -0.3%
  • financials -0.2%

For the buying and selling week, the Dow and S&P have been little modified. The NASDAQ rose modestly:

  • Dow industrial common, -0.07%
  • S&P index +0.07%
  • NASDAQ +0.63%

A optimistic growth technically for the S&P index is it’s closing the day simply above its 100 day shifting common at 4541.81. Yesterday the index fell again under that shifting common stage, however rebounded again above in buying and selling as we speak.

S&P index

S&P index is closing above its 100 day shifting common

The not so excellent news is that the Dow industrial common stays under its 200 day shifting common at 34996.69.

Additionally not nice technically, is the NASDAQ index moved as much as its 100 day shifting common on each Tuesday and Wednesday and located sellers forward of the shifting common stage. The 100 day shifting common at the moment is available in at 14599. A transfer above that shifting common is required to tilt the bias extra within the route of the upside.

NASDAQ

NASDAQ index moved as much as its 100D MA this week however failed

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