All three major averages — the Dow Jones Industrial (^DJI), S&P 500 (^GSPC), and Nasdaq (^IXIC) — hit record highs this week, with little signs of slowing...
) — hit record highs this week, with little signs of slowing down. The Dow, in particular, hit an all-time record of 40,000. According toThe S and P 500 just above the 5300 level, the Dow just under that 40,000 level.So we want to zero in on the big names that drove that rally.These are really the names to watch because of the degree to which they drove this rally.
So when you look at a name like Apple has having a lower waiting than Home Depot, that's just yeah, certainly it's It's an interesting to point out it's important to point out, and I think that's why so many investors really were talking a lot about the S and P and the movements that we're seeing there versus focus specifically on the Dow and the Dow components, which obviously a shift going back many, many, many years.
But there is a reason to be optimistic just about what that action could look like between now and your end.We could get a pull back around 5% but then we also could reverse and trend higher that's actually viewed as being healthy here for the market.There's also reason to be a little bit hesitant or questioning the current levels.
Madison Mills Unitedhealth Group Seana Smith Nasdaq
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