Major US indices close higher to start the new week

The major US indices erased earlier declines and are closing higher on the day led by the NASDAQ index which is closing up 0.67%. At session lows, the index was down -128 points or -0.67%.

A snapshot of the closing levels shows:

• Dow industrial average rose 35.41 points or 0.08% at 42305.48
• S&P index rose 24.25 points or 0.41% at 5935.94
• NASDAQ index rose 128.85 points or 0.67% at 19242.61

The small-cap Russell 2000 rose 3.877 points or 0.19% at 2070.16.

Some of the big gainers today included:

• Chewy (CHWY): +4.88% to $47.46

• Micron (MU): +3.94% to $98.18

• Meta Platforms (META): +3.65% to $671.12

• AMD (AMD): +3.54% to $114.65

• ARK Genomic Revolution (ARKG): +3.44% to $21.64

• Roblox (RBLX): +3.41% to $89.95

• SoFi Technologies (SOFI): +2.93% to $13.69

• Super Micro Computer (SMCI): +2.91% to $41.19

• Robinhood Markets (HOOD): +2.77% to $67.98

• Broadcom (AVGO): +2.74% to $248.71

Some of the biggest losers included:

• First Solar (FSLR): -5.36% to $149.60

• Ford Motor (F): -3.95% to $9.97

• General Motors (GM): -3.87% to $47.69

• Stellantis NV (STLA): -3.55% to $9.78

• Rivian Automotive (RIVN): -2.89% to $14.11

• Adobe (ADBE): -2.83% to $403.35

• ProShares UltraPro Short QQQ (SQQQ): -2.32% to $23.18

• Alphabet A (GOOGL): -1.55% to $169.07

• Salesforce Inc (CRM): -1.49% to $261.41

• Paramount Global B (PARA): -1.24% to $11.95

• Tesla (TSLA): -1.09% to $342.69

This article was written by Greg Michalowski at www.forexlive.com.