Major US stock indices close higher and extend the winning streak to 5 days


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The major US stock indices closed higher for the 5th consecutive day. Despite the gains the NASDAQ is closing lower on the month for the 1st time since March (-1.51%). The S&P eked out a small gain of 0.13% for the month. The Dow industrial average rose 0.32% for the month.

For the trading day:

  • Dow industrial average rose 289.30 point or 0.61% at 47716.42.
  • S&P index rose 36.48 points or 0.54% at 6849.09.
  • NASDAQ index rose 151 points or 0.65% at 23365.69

This month, there was a disparity of winners and losers. Looking at some of the big names:

  • Nvidia had its worst month since March with a decline -12.6%
  • Meta rebounded by 9.04% this week which nearly erased the declines for the month. The stock is closing down -0.0617%.
  • Alphabet was a big gainer with a rise of 13.87%.
  • Microsoft felt -5.0%
  • Amazon felt -4.05%
  • AMD fell -15.11%.
  • Broadcom rose 9.02%
  • Tesla fell -5.78%

Some of the other bigger moves to the downside this month include:

  • Raytheon: -36.14%

  • Super Micro Computer: -35.76%

  • Strategy: -35.66%

  • Celsius: -33.35%

  • Roblox: -29.00%

  • Trump Media & Technology Group: -27.66%

  • Oracle: -26.66%

  • DoorDash: -25.44%

  • Nebius NV: -24.12%

  • Arm: -21.17%

And some of the winners for the month:

  • Biogen: +23.14%

  • Merck & Co: +21.09%

  • Alphabet A: +16.61%

  • Marriott International: +15.84%

  • Western Digital: +15.53%

  • Southwest Airlines: +13.60%

  • First Solar: +12.91%

  • FedEx: +10.42%

This article was written by Greg Michalowski at investinglive.com.

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