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Home ANALYSIS

Stocks open with modest gains

A.R Chowdhury by A.R Chowdhury
August 19, 2020
Reading Time: 1 min read
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Stocks edging higher after record closes for the S&P and NASDAQ yesterday

The major indices are opening modestly higher, but there is some shopping above and below the 0 line for the NASDAQ index in early trading. Recall the S&P and NASDAQ both closed at record highs yesterday. The snapshot of the major indices currently shows:

  • S&P index up 2.63 points or 0.08% at 3392.41
  • NASDAQ index up 1.62 points or 0.01% at 11212.40
  • Dow up 20.87 points or 0.08% at 27798.94

Lowes earnings beat estimates in is trading up 1.7% in early trading. Home Depot which announced the previous day and also be expectations is up 0.83% today.

Airline stocks are higher today with United up 3.22%, Southwest up 2.61% and Delta up 2.53%

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A.R Chowdhury

A.R Chowdhury

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