Yahoo Finance’s Jared Blikre examines markets heading into the closing bell as stocks close high amid Russia-Ukraine peace negotiations, in addition to Nasdaq leaders, ARK ETF components, meme stocks, and crypto price actions.
Video Transcript
– Welcome back to Yahoo Finance Live, everyone. Major averages holding on to their gains heading into the close, let’s head on over to Jared to get a sense of where trading may settle today. Jared, it’s looking pretty good right now. JARED BLIKRE: Looking pretty good, Brad, and let’s get to the wi-fi interactive, where we have another 1% day in the NASDAQ shaping up. That would be two in a row and par for the course because we’ve seen quite a few of these in the run up. And here you can see we’re just off session highs right here, but punching higher in the final 15 minutes of trading, S&P 500 up over 1%, Dow almost up to 1% itself. And looking at the sector action, real estate has been in the forefront all day. It’s almost up to 3% right now, followed by tech, communication services, and consumer discretionary. Those are the mega-cap sectors, and you can see a lot of them flying high right now. Apple up almost 2%, NVIDIA up 1 1/2%, and Facebook up 2 3/4% . But those don’t even round out the biggest winners here. I want to go to our Ark Innovation components list, and we can see some of the top performers here. DraftKings up 10%, Teladoc up 9%, and we checked out the meme stocks before. Got to check them out again because these are jumping. Robinhood up 24% right now, AMC just barely positive, GameStop in the red for 4%, but that is not all we have going on. You look at some of the top performers here up over 30%, MVIS, DAVE is up 26%, Robin Hood up 24%. Virgin Galactic, haven’t checked this out in a while, but you can see on a year to date basis still down about 17%. About 25 seconds to go, rounding out some of the losers here, we’ve got Newegg down 8%, OG KOSS down about 7%. But other than that, most of these stocks really jumping. And then you take what’s happening in crypto land, well, not the most bullish we’re seeing right now,
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