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.