In unison, all three of the market averages (^DJI, ^IXIC, ^GSPC) close Wednesday in the green, the Nasdaq Composite moving half of a percent higher.
Market Domination Overtime Host Julie Hyman recaps the day’s market performances, touching upon the S&P Equal Weight Index’s (^SPXEW) losses as Amazon’s (AMZN) market cap crosses past $2 trillion.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Luke Carberry Mogan.
Video Transcript
All the major averages actually ending in the green by the end of the day.
That was not the case earlier, but really just squeaking it out here up almost 16 points for the Dow Jones industrial average, the S and P 500 peeking into the green just at the end of the session here.
A little more decidedly, although decidedly is still not even 2/10 of 1%.
And then as the winner on the day up a half of 1% we continue to not see broad participation here.
The S and P equal weight index down a half of 1% but Invidia didn’t rise.
It was the other sort of big cap mega mega cap tech companies, Amazon, for example, as we talked about earlier at a new record and above $2 trillion in market cap.
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