April 25, 2024

Daily Wrap

DJIA -19.12 (-0.12%) to 15,335.28; S&P 500 -1.18 (-0.07%) to 1,666.29; NASDAQ -7.99 (-0.26%) to 3,020.97 Today the market somewhat consolidated after its ramp into options expiration last Friday.  Initially it looked as though it could be another strong move higher as early trading was choppy but then we spiked higher into the noon EST time.  That spike was eventually lost and we ultimately close near flat on the day.  It was interesting to see the Russell 2000 be the strongest index and only one to close higher.  Small caps leading might bode well for ultimately higher prices.  Tomorrow is Tuesday and interestingly…