The three major Wall Street indexes—Dow Jones Industrial Average, S&P 500, and NASDAQ Composite—closed at record highs on Friday (Oct 18). The Dow rose 1%, S&P 500 gained 0.8%, and Nasdaq jumped 1.2%, driven by strong rallies in major tech stocks ahead of third-quarter earnings season.
At the close of the NYSE on Thursday, the Dow Jones Industrial Average rose 0.3%, the S&P 500 gained 0.6%, and the NASDAQ Composite jumped 0.9%.
U.S. stocks closed lower on Wednesday, with the S&P 500 down 0.5%, the Dow Jones down 0.7%, and the Nasdaq dropping 0.9%, dragged by weakness in major tech shares. The Jakarta Composite Index (JCI) closed down 1.04% to 8,152.55, entering the red zone. The index is likely to test support around the 8,000 level as it moves to fill the previous gap-up rally.
The Dow Jones Industrial Average climbed 218 points, or 0.5% to a record close of 46,924.68, while the S&P 500 index fell 0.01%, and the NASDAQ Composite slipped 0.2%. The JCI closed higher once again, rising +1.84% to the green zone at 8,238.08 and breaking through the 8,200 resistance level. The next resistance is around 8,300, with potential to retest its all-time high.
In the regular session, the S&P 500 and the Dow Jones Industrial Average gained 1.1% each, while the NASDAQ Composite added 1.4%, led by a rally in major technology stocks such as Apple and Nvdia. The S&P 500 jumped Monday as investors looked ahead to week of major quarterly earnings reports and hopes grew for the the end of U.S. shutdown as well as the prospect of a U.S.-China trade deal
Wall Street ended higher on Friday as investors assessed U.S. President Donald Trump’s latest remarks on China, while quarterly results from regional banks eased concerns about credit risks.
Wall Street ended mostly higher on Wednesday. The S&P 500 rose 0.4%, while the NASDAQ Composite advanced 0.7%. The Dow Jones Industrial Average ended largely flat. Major banks reported better-than-expected profits, buoyed by resilient investment banking and trading revenue. Results from Bank of America, Morgan Stanley and Goldman Sachs helped lift sentiment.
Wall Street ended mostly higher on Wednesday. The S&P 500 rose 0.4%, while the NASDAQ Composite advanced 0.7%. The Dow Jones Industrial Average ended largely flat. Major banks reported better-than-expected profits, buoyed by resilient investment banking and trading revenue. Results from Bank of America, Morgan Stanley and Goldman Sachs helped lift sentiment.
During Monday’s session, the S&P 500 rose 1.6%, the NASDAQ Composite jumped 2.2%, and the Dow Jones Industrial Average added 1.3%, recovering from steep losses at the end of last week.
