The Dow and S&P 500 close the session in the bear while NASDAQ steals the session in a record Finish

Dow Jones and S&P 500

Stocks in general closed today’s session as the Dow Industrial and S&P 500 companies ends the session in the bear, while the tech-heavy NASDAQ composite drew the line for a new record this was during investors were going through an upbeat earning reports against a backdrop of falling oil prices and remarks from the Federal Reserve speakers.

Analyst said that the market is in need of a catalyst in order to break through the range bound trading.

The S&P 500 index closed the sessions with a decrease of 2.46 points an equivalent to 0.1% and was being trade at 2,396.92 with seven out of eleven of its main sectors pulling down the index. Utilities energy and material stocks were responsible for the declines, offsetting gains in the consumer discretionary and industrial sectors. The benchmark index set fresh intraday record of 2,403.84 shortly after the open.

The Dow Jones Industrial Average finished lower by 36.50 points a relevant 0.2% and was being sold at 20,975, which was about 140 points below its record close from early March.

The NASDAQ Composite Index was up by 17.93 points which is equal to 0.3% which ended the session at a record of 6,120.59. It’s the 30th closing record of the year, which was off its intraday record of 6,133.00

Retail and other consumer-based earnings are particularly important this week because of the gnawing investor concerns that consumers are hesitant to invest in.

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