Nasdaq Keeps Inching Higher; 10-Year Yield Now 1.37% (revised)
Zacks Investment Research | Sep 07, 2021 06:38AM ET
Markets were mixed-to-down for the first trading day after our three-day weekend: the Dow closed down -0.76%, -267 points — now essentially flat from a month ago. The Nasdaq, on the other hand, gained another +0.07%, which is enough for a new all-time closing high. The S&P 500 split the difference, down -0.34% on the day. The small-cap Russell 2000 fell another -0.72%.
These are miniscule new highs being set on the Nasdaq, but they still count. And for at least the second day, Nasdaq’s intra-day highs have been even higher than the closes. Though there is a bit of trepidation in the market to start historically challenging September, but the growth plays are winning out. Netflix (NASDAQ:NFLX) Questions or comments about this article and/or its author? Click here>>
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