US Indices see a positive finish, Tesla Motors explodes 6% - TechTrader

FXStreet (Barcelona) - Harry Boxer of The TechTrader, summarizes the performance of US Indices, noting that after seeing a plunge at the open, the equity indices reversed to end the day positive with gains.

Key Quotes

“The stock market indices started the day out with a plunge to the downside on heavy negative futures, but they immediately reversed, taking the Nasdaq 100 from 4284 to 4361, a very strong 77-point rally.”

“They consolidated in the afternoon, and then rolled over into the close to take back a chunk of the gains. The S&P 500 jumped from a low of 2020 to 2087, 31 points, and backed off to 2080.”

“Net on the day, the Dow was up 117.61 at 17,880.85, reaching as high as 17.941.79. The S&P 500 was up 13.66 at 2080.62. The Nasdaq 100 was up 34.97 at 4350.98.”

“Advance-declines were 3 to 1 positive on the New York Stock Exchange, and 9 to 6 positive on Nasdaq. Up/down volume was 3 1/2 to 1 positive on New York, with total volume of 3 billion shares. Nasdaq traded 1.5 billion shares, and had a 2 to 1 positive volume ratio.”

“TheTechTrader.com board was mostly positive. Some of the big-cap stocks did well today. Leading the way was Priceline.com Incorporated (PCLN) up 24.57 to 1185.01, Google Inc. (GOOG) up 1.23 to 536.77, Apple Inc. (AAPL) up 2.03 to 127.35, Amazon.com Inc. (AMZN) 4.79 to 37704, and Netflix, Inc. (NFLX) a whopping 8.23 to 422.31.”

“Tesla Motors, Inc. (TSLA) exploded 12.10 to 203.10, or 6%, on 12.4 million shares, on earnings.”

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