Nasdaq Achieves New Record High as Dow and S&P Experience Decline

Friday, 22 March 2024, 20:12

The Nasdaq index reached a new all-time high, while the Dow and S&P closed lower. Despite the mixed results, the major US indices showed resilience. The week concluded positively for most indices, with the Nasdaq leading the gains. Overall, the market continues its upward trend with notable increases in key indices.
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Nasdaq Achieves New Record High as Dow and S&P Experience Decline

Mixed Results for US Indices

The major US indices closed with mixed results today. While the Dow and S&P closed lower, the NASDAQ index achieved a new all-time high.

Closing Levels:

  • Dow industrial average: -305.49 points for -0.77% at 39475.91
  • S&P index: -7.37 points or -0.14% at 5234.17
  • NASDAQ index: rose 26.97 points or 0.16% at 16428.81
  • Russell 2000: -26.56 points or -1.27% at 2071.99

Weekly Performance:

  1. Dow industrial average: rose 1.60%
  2. S&P index: rose 2.29% - best since December
  3. NASDAQ index: rose 2.85% - best since January
  4. Russell 2000: rose 1.60%

The NASDAQ and S&P indices have shown resilience with limited down trading weeks in 2024.

Yearly Performance:

  • Dow industrial average: up 4.74%
  • S&P index: up 9.74%
  • NASDAQ index: up 9.44%
  • Russell 2000: up 2.21%

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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