U.S. Stock market-index benchmarks on Thursday jumped to records at the open, supported by the latest round of upbeat corporate results.
Separately, Twitter Inc. TWTR, -0.53% shares were plunging after it reported lackluster user growth in its recent quarterly report.
Shares of the microblogging platform were down about 13%.
Enthusiasm around Facebook helped to lift the broader technology industry XLK, -0.10% The Dow Jones Industrial Average DJIA, +0.15% rose to an all-time intraday high and was most recently up 0.2% at 21,763, the S&P 500 index SPX, -0.13% climbed 0.2% at 2,481, while the tech-laden Nasdaq Composite Index COMP, -0.12% rose 0.5% at 6,453.
as mentioned in
unite states Stock market Technical Analysis July 25, 2017
Revenue comes out at $6.05 billion vs. $6 billion expectation.
The company reported revenue of $15.28 billion vs. $15.18 billion estimates.
HAS – Previous day slump after earnings report brings the share price closed near daily SMA 100.
Other WatchlistMMM – The share price gap down and continue moving lower, it is near the daily SMA 100 which is interesting to watch.
DJIA and S&P gain, Nasdaq flatDJIA and S&P jumped today after the market open boosted by earnings result from big names.
as mentioned in
U.S. Stock market internals suggest businessmen remain calm despite spike in volatility
But the New York Stock Exchange Arms has slipped to 0.867 and the Nasdaq Arms has declined to 0.883, a sign that buyers on the dip have been slightly more aggressive than sellers.
Despite the sharp intraday selloff in the major indexes from record highs Thursday, which has sent the CBOE Volatility Index VIX, +1.78% up 12% in afternoon trade, the Arms Index, which many use to measure buying or selling intensity, suggests investors remain relatively calm.
On down days, the Arms tends to rise above 1.000, as the ratio of down volume to up volume rises relative to the ratio of declining stocks to rising stocks.
After paring some of the weakness, the Dow as up 30 points, the S&P 500 was down 0.3% and the Nasdaq was down 0.8% in recent trade.
The Dow Jones Industrial Average DJIA, +0.15% the S&P 500 SPX, -0.13% and the Nasdaq Composite COMP, -0.12% were all up in record territory around noon ET before taking an afternoon dive.
collected by :Dicson Walt