NASDAQ index pushes for a report shut (once more)

The NASDAQ index is buying and selling up 96 factors or zero.52% at 18663.79. That takes the value above the July 10 excessive closing degree of 18467.58. On Friday, the value excessive traded above that degree intraday however failed. In buying and selling yesterday, the excessive worth additionally moved above that top closing intraday and failed (closing close to the lows for the day)

Is the third time the allure right now? WIll we get that report closed right now

Whereas the S&P and Dow industrial common have made quite a few new highs for the reason that July peak, the NASDAQ index has lagged behind each. Having stated that, the NASDAQ index did prepared the ground within the first half of the 12 months. SO the catch up by the opposite indices, helped to unfold the like to different sectors since these highs.

Yr-to-date the Dow industrial common is up 12.31%, whereas the S&P is up 22.31%. The NASDAQ index remains to be main the best way with a acquire of 24.36% on the 12 months.

The brand new excessive within the NASDAQ comes forward of what’s thought of the Tremendous Bowl week for earnings particularly the Tech sector. After the shut right now, Alphabet will announce their earnings. Tomorrow Microsoft and Meta will announce tomorrow and Amazon and Apple will announce on Thursday.

Tesla has already introduced. Nvidia doesn’t announce their earnings till November 20.

Under is an inventory of the important thing earnings launch for the rest of the week.

After Shut right now:

• AMD
• Alphabet
• Snap Inc.
• Chipotle
• Visa
• First Photo voltaic

WednesdayBefore Open:

• Lilly
• Caterpillar
• Humana

After Shut:

• Microsoft
• Meta
• Coinbase
• Robinhood

ThursdayBefore Open:

• Uber
• Peloton
• Merck
• ConocoPhillips
• SiriusXM
• Altria
• Mastercard

After Shut:

• Amazon
• Apple
• Intel

FridayBefore Open:

• FuboTV
• Chevron
• ExxonMobil
• Wayfair

This text was written by Emma Wang at www.ubaidahsan.com.



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