Dow Jones Industrial Average DJI; Earn Invest Money Market Profit; Nasdaq, S&P 500 Close News; Share Price Gold and Silver Price Notes

dow2664

The Dow Jones Industrial Average along with the Nasdaq and S&P 500 soared higher throughout the day today. Strong earnings reports posted this day and helped the major index composites in the United States push higher during the day’s trading. Many moved to invest money and profit. At the halfway point in today’s trading session, investors positioned money with stocks and the Dow Jones was posting higher by 1.44 percent at 12,444.99 at this point in the day. The Nasdaq was higher by 1.94 percent at 2,798.26 at the same point and the S&P 500 was higher by 1.30 percent at 1,329.68. Positive earning reports stemming from IBM and Intel provided the positive push and support that investors needed this day to boost overall sentiment. The tech sector posted positive data but other economic data posted positive as well. Existing home sales rose in March according to the National Association of Realtors. Specifically, existing home sales rose 3.7 percent in March to 5.1 million from 4.92 million sales the month prior. The discrepancy between stock action on Tuesday and stock action after opening bell on Wednesday was noteworthy. The positive earning report data paired with the positive economic data that posted in the U.S. kept stock index composites trending in positive territory throughout the whole of today’s trading session. The tech sector led the rally but the rally was relatively broad in scope and the market surged. Today’s trending was in stark contrast to the trending observed in the market after the negative Standard and Poor’s rating that posted earlier this week. European and Asian markets ended their respective trading session higher as well. As of end of day close in the United States, the major indices finished off in the green. Oil was trading at a relatively high level also. Consequentially, gas prices have bumped higher by about 8 percent over the past month. Gas per gallon continues to inch its way forward towards the $4 per gallon mark. Many believe once this mark is hit, consumer confidence will drop and spending decreases will hurt continued economic growth. It mostly positive today in the stock market though. As of approximate end of day close, the Dow Jones Industrial Average surged over 180 points. The Dow Jones ended the day higher by 1.52 percent at 12,453.54. The Nasdaq ended the session higher by 2.10 percent at 2,802.51. The S&P 500 ended the session higher by 1.35 percent at 1,330. Author: Frank Matto