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The S&P 500 logged record closing and intraday highs, extending record-setting gains from a day earlier. The Dow added more than 100 points, or 0.4%, and also set a record high.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The S&P 500 fell 0.6% after failing to retain a gains from an intraday rebound, and the Nasdaq Composite tumbled 1.1% to a fresh two-year low. The Dow Jones Industrial Average was an outlier ...
Largest intraday point gains that turned negative. These are the largest intraday point gains that closed in negative territory at the end of the trading session. In order to be considered an intraday point gain, the intraday high must be above the previous day closing price, while the opening price is used to calculate intraday highs.
Indexes were mixed Tuesday as investors prepared for this week's key inflation report. Bank of America expects the upcoming CPI report to be more important than markets may believe.
Index funds that attempt to track the Nasdaq Composite include Fidelity Investments' FNCMX mutual fund [4] and ONEQ [5] [6] exchange-traded fund. Invesco offers the Nasdaq: QQQ exchange-traded fund, which matches the performance of the Nasdaq-100, a different index which tracks 100 of the largest non-financial companies in the Nasdaq Composite and is 90% correlated with the Nasdaq Composite.
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