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Tech Stocks surge as major indices close higher for second consecutive week

November 10, 2023
in Forex
Reading Time: 1 min read
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Tech Stocks surge as major indices close higher for second consecutive week

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The foremost inventory indices are closing close to session highs with the NASDAQ index main the way in which. All 3 main indices are closing above their 100-day transferring averages (bullish). All 3 indices are closing larger for the week.

A snapshot of closing ranges exhibits:

Dow industrial common +391.16 factors or 1.15% at 34283.09. Its 100-day transferring common is at 34266.16S&P index up 67.87 factors or 1.56% at 4415.23. Its 100-day transferring common is at 4402.54NASDAQ index up 276.65 factors or 2.05% at 13798.10. It is 100-day transferring averages at 13618.08.

For the week, every of the foremost indices shut larger for the 2nd consecutive week:

Dow Industrial Common rose 0.65% S&P index rose 1.31percentNASDAQ index rose 2.37%

Massive gainers this week included:

Roblox, 10.06percentBroadcom, 8.48percentLam Analysis +8.10percentUber, 8.02percentNvidia, +7.4percentSnowflake, +7.01percentIntuit, +6.09percentAdobe, +5.95%

Wanting on the Dow 30 for the week:

Apple rose 5.52percentMicrosoft rose 4.78percentDisney rose 3.75percentSalesforce rose 2.98percentJP Morgan rose 2.41%

Loser within the Dow 30 have been:

Walgreens, -6.11percentChevron, -3.15percentJ&J -2.70percentMerck, -1.89percentHomeDepot -1.38%

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Tags: closeconsecutivehigherIndicesMajorStockssurgeTechWeek
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