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The S&P and Nasdaq extend their winning streaks

November 8, 2023
in Forex
Reading Time: 2 mins read
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The S&P and Nasdaq extend their winning streaks

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The broader S&P and Nasdaq indices prolonged their profitable streaks. The S&P is just not up 8 straight days and the Nasdaq is up 9 straight days.

The Dow ended its 7-day win streak with a modest decline in the present day.

The ultimate numbers are displaying:

Dow industrial common fell -39.82 factors or -0.12% at 34112.81S&P index rose 4.44 factors or 0.10% at 4382.81NASDAQ index rose 10.55 factors or 0.08% at 13650.40

The NASDAQ index has now closed above its 100-day shifting common for two consecutive days. That shifting common is available in at 13616.58.

The S&P index inched nearer to its 100-day shifting common at 4402.46. The excessive value in the present day reached 4391.20 (inside 11.2 factors from its 100-day shifting common). The SP index has not been above its 100 day shifting common since September 20.

After the shut earnings embrace:

Walt Disney Co (DIS) This fall 2023:

Adjusted EPS: $0.82 (Beat expectations of $0.70)Income: $21.24 billion (Barely missed expectations of $21.35 billion)

Instacart (CART) Q3:

Share loss: $20.86 (Beat anticipated lack of $12.97)Income: $764 million (Beat expectations of $736.9 million)Gross Transaction Worth (GTV) elevated by 6% year-over-year (Y/Y)

Arm Holdings (ARM) Q2 2024:

Adjusted EPS: $0.36 (Beat expectations of $0.26)Income: $806 million (Beat expectations of $744.3 million)Q2 chips reported shipped: 7.1 billion (Decreased by 6% year-over-year)

Lyft Inc (LYFT) Q3 2023:

EPS: $0.24 (Beat expectations of $0.13)Income: $1.158 billion (Barely missed expectations of $1.14 billion)

Take-Two Interactive Software program Inc (TTWO) Q3 2023:

EPS: (Expectations not supplied)Income: $1.3 billion (Missed expectations of $1.43 billion)

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