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Home ANALYSIS

S&P and NASDAQ close higher and at record levels. Dow down.

A.R Chowdhury by A.R Chowdhury
August 30, 2021
Reading Time: 2 mins read
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53rd record close level for the S&P in 2021

The S&P and NASDAQ closed higher and at record levels again. The Dow industrial average fell modestly.

Highlights include:

  • S&P and NASDAQ up for the seventh day in the last eight
  • S&P closes at a record level for the 53rd day NASDAQ in 2021
  • NASDAQ index closes at a record level for the 32nd in 2021
  • Advances on the New York Stock Exchange total 1406. Declines total 1885. Unchanged 203
  • major indices are on track for monthly gains
  • S&P on track for the best month since April with one more day to go

The final numbers are showing:

  • Dow industrial average felt -55.9 points or -0.16% at 35399.90
  • S&P index rose 19.39 points or 0.43% at 4528.76. The new intraday high reached 4537.80.
  • NASDAQ index rose 136.39 points or 0.90% at 15265.89. The new intraday high reached 15288.10
  • Russell 2000 index fell 11.16 points or -0.49% at 2265.99

Nine of 11 S&P sectors were higher led by:

  • Real estate, +1.2%
  • Technology, +1.1%
  • Consumer discretionary +0.92%
  • Communication +0.74%

Declining sectors were led by:

  • Financials -1.47%
  • Energy -1.16%
  • Materials -0.17%
  • Industrials -0.15%

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A.R Chowdhury

A.R Chowdhury

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