The major US indices are closing the day higher, with the S&P and NASDAQ closing at new record levels
The Dow industrial average and the small-cap Russell 2000 led the way on the day.
A snapshot of the closing levels shows:
Dow industrial average rose 192.40 points or 0.43% at 44650.70.S&P index closed up 17.14 points or 0.27% at 6280.40. The high close was at 6279.25 on July 3NASDAQ index closed up 19.33 points or 0.09% at 20630.66. Yesterday the index closed at a recordRussell 2000 of small-cap stocks rose 10.92 points or 0.48% at 2263.41.
Shares of Nvidia closed at $164.10 which was above the $4 trillion market capitalization level.
The gains today, despite a 50% tariff on imports from Brazil and a 50% tariff on copper and other goods starting August 1.
Some winners today were led by the airline stocks. Tessa shares rose 4.73% is a petitioned Phoenix for robo taxis. Below are some of the bigger gainers today
United Airlines Holdings (UAL): +11.52 (+14.37%)
American Airlines (AAL): +1.47 (+12.80%)
Delta Air Lines (DAL): +6.09 (+12.01%)
Southwest Airlines (LUV): +2.78 (+8.05%)
Tesla (TSLA): +13.99 (+4.73%)
Moderna (MRNA): +1.50 (+4.57%)
Robinhood Markets (HOOD): +4.19 (+4.43%)
AMD (AMD): +5.76 (+4.16%)
SoFi Technologies (SOFI): +0.76 (+3.76%)
Dollar Tree (DLTR): +3.62 (+3.46%)
Synopsys (SNPS): +15.24 (+2.77%)
Alibaba ADR (BABA): +2.77 (+2.67%)
American Express (AXP): +8.04 (+2.53%)
This article was written by Greg Michalowski at www.forexlive.com.