Tech Shares surge as main indices shut larger for second consecutive week


The foremost inventory indices are closing close to session highs with the NASDAQ index main the best way. All 3 main indices are closing above their 100-day shifting averages (bullish). All 3 indices are closing larger for the week.

A snapshot of closing ranges exhibits:

  • Dow industrial common +391.16 factors or 1.15% at 34283.09. Its 100-day shifting common is at 34266.16
  • S&P index up 67.87 factors or 1.56% at 4415.23. Its 100-day shifting common is at 4402.54
  • NASDAQ index up 276.65 factors or 2.05% at 13798.10. It is 100-day shifting averages at 13618.08.

For the week, every of the key indices shut larger for the 2nd consecutive week:

  • Dow Industrial Common rose 0.65%
  • S&P index rose 1.31%
  • NASDAQ index rose 2.37%

Huge gainers this week included:

  • Roblox, 10.06%
  • Broadcom, 8.48%
  • Lam Analysis +8.10%
  • Uber, 8.02%
  • Nvidia, +7.4%
  • Snowflake, +7.01%
  • Intuit, +6.09%
  • Adobe, +5.95%

Trying on the Dow 30 for the week:

  • Apple rose 5.52%
  • Microsoft rose 4.78%
  • Disney rose 3.75%
  • Salesforce rose 2.98%
  • JP Morgan rose 2.41%

Loser within the Dow 30 have been:

  • Walgreens, -6.11%
  • Chevron, -3.15%
  • J&J -2.70%
  • Merck, -1.89%
  • HomeDepot -1.38%



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