Gains in semiconductors, AI-related and MAG 7 shares pushed the NASDAQ to a record high today as investors were back to risk-on.
Gains in semiconductors, AI-related and MAG 7 shares pushed the NASDAQ to a record high today as investors were back to risk-on.
A volatile week left the major averages mixed as investors struggled with rising rates, higher oil prices and a hawkish Fed outlook to curb inflation.
The major averages posted solid gains in August as they navigated ever-changing yields and headline risks associated with the war in the Middle East.
Get a professional technical analysis report delivered for any stock we cover
| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 27122.09 | 599.54 | 2.26% | 16.69% |
| DJ UTILITIES | 1035.93 | -7.28 | -0.7% | -3.01% |
| DJ TRANSPORT | 19970.9 | -108.2 | -0.54% | 15.06% |
| DJ INDUSTRIALS | 52048.83 | 366.19 | 0.71% | 8.29% |
| NYSE COMPOSITE | 24086.66 | 87.9 | 0.37% | 9.47% |
| S & P 100 INDEX | 3878.1 | 66.29 | 1.74% | 12.99% |
| RUSSELL 2000 | 2875.36 | 14.96 | 0.52% | 15.85% |
| S&P 500 | 7764.7 | 114.2 | 1.49% | 13.43% |
| CBOE MKT VOLATILITY | 14.87 | 0.06 | 0.41% | -0.54% |
| AMEX COMPOSITE | 8424.49 | -177.85 | -2.07% | 22.68% |
No commitment · Cancel anytime
MarketEdge is a unique suite of investment tools developed by Computrade Systems, Inc. The purpose of our service is to provide quality, independent research in a manner that is both easily understandable and immediately actionable for individual investors as well as professional money managers. MarketEdge features Second Opinion®, a comprehensive computer-generated technical evaluation of more than 5000 stocks, along with fundamental research from Standard & Poor's. MarketEdge will generate daily investment ideas for every type of trading strategy thereby enabling one to trade and invest with a consistent, disciplined approach in all market environments.