S&P gets close to 200 day MA at 2741.76
The major stock indices are ending the day with gains. The S&P index got within about 3 points of the key 200 day MA at 2741.76, but could not push higher. Nevertheless, the major indices continue to do well.
The final numbers:
- The S&P index is closing up 12.83 points or 0.47% at 2737.70
- The Nasdaq index is closing up 54.55 points or 0.74% at 7402.08
- The Dow is closing up 172.15 point or 0.68% at 25411.52
The Nasdaq high reached 7408.68. It is above its 100 day MA at 7270, but below its 200 day MA at 7454 (see post here)