The major US stock indices are closing lower on the day with no new record closes (for a change)
The declines were led by the NASDAQ index which at its worst today since September 2. The index fell by -0.95%. The broader S&P index and the Dow industrial average also closed lower.
A look at the closing levels shows:
Dow industrial average -88.76 points or -0.19% have 46292.78.S&P index -36.83 points or -0.55% at 6656.92.NASDAQ index -215.50 points or -0.95% at 22573.47.Russell 2000-5.82 points or -0.24% at 2457.51.
Some of the larger capitalized companies led the way to the downside:
Nvidia -2.82%Amazon -3.04%Oracle – at 4.36%Microsoft -1.01%Meta -1.28%Tesla -1.93%
This article was written by Greg Michalowski at investinglive.com.