NASDAQ Drags Down DOW And S&P 500 Index As Markets Drop

Market moves Wednesday
Market moves Wednesday

NASDAQ Close Down 34.88 Points

The market finished lower for all three major indices, as NASDAQ saw a drop of 0.45%, closing at 7750.84 dragging DOW and S&P 500 Index down with it. DOW closed down 0.39% at 25776.61, while S&P 500 Index closed at 2856.27, down 0.28%.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.82%), while the Energy sector saw the biggest drop (-1.58%). Information Technology has seen the biggest year-to-date gain of 19.19%.

Real Estate saw the biggest turn-around compared to its 5-day performance (-0.28%), as it went up by 0.41%. Energy and Consumer Discretionary experienced turn-arounds from their five day positive performances with Energy dropping -1.58%.

Sector Breakdown

  • Utilities, up 0.82%.
  • Healthcare, up 0.64%.
  • Consumer Staples, up 0.55%.
  • Real Estate, up 0.41%.
  • Communication Services, up 0.03%.
  • Financials, down -0.50%.
  • Information Technology, down -0.57%.
  • Materials, down -0.66%.
  • Industrials, down -0.82%.
  • Consumer Discretionary, down -0.90%.
  • Energy, down -1.58%.

Stocks that hit their 52-week highs today

  • American Express Company (AXP) ended the day at $120.01

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