S&P up marginally but still a record close
Today, the Nasdaq joins the S&P at record closing levels.
The Nasdaq has been playing catch up over the last 8 trading days (eight straight up days) and in the process has been able to move to a new record high, taking out the June 8th high close of 6321.76. Today's close comes in at 6344.30, up 29.874 points or +0.47%.
The S&P inched up by 1.47 points or 0.06%. That was good enough to move above the July 14 high at 2459.27. The index closed at 2460.61 today.
The Dow was the dog today as it fell -54.99 points or -0.25% to 21574.73. The high close was on July 14th at 21637.74.
IBM earnings are out and their EPS beat at $2.97 vs $2.74 but the revenues are a miss - $19.29B vs 19.46B estimate.
