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MARKET SNAPSHOT FOR 10/02/2021 | Hellenic Shipping News Worldwide


MARKET SNAPSHOT FOR 10/02/2021
NASDAQ-Adv: 2,344 Dec: 1,624 NYSE-Adv: 2,492 Dec: 1,617(Source: Nasdaq)
The Nasdaq ended at a new closing high on Tusday but the broad market closed slightly lower as investors rotated out of large-cap tech names into other sectors seen as benefiting from President Joe Biden’s proposed $1.9 trillion stimulus bill.
The tech-heavy Nasdaq hit an all-time high for the fifth consecutive session on early gains in Apple Inc, Amazon.com Inc and Google-parent Alphabet Inc, which later turned lower amid a shift in portfolio allocations.
The NYSE FANG+TM index, which includes Facebook Inc, Netflix Inc and Tesla Inc, rose to an all-time high. ....

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