Major indices are close higher to start the new trading week

<p>The major US stock indices are all closing higher on the day and to start the new trading week. The gains were led by the NASDAQ index with a rise of 1.05%. The Dow industrial average late with a small gain of 0.07% (thanks to a strong close). </p><p>Regional banks were the laggards. The KRE index of regional banks fell -0.91 or -1.90% to $46.85. The Russell 2000 was down -4.62 points are -0.24%.</p><p>A snapshot of the market closes shows:</p><ul><li>Dow industrial average up 26.23 points or 0.07% at 35307.64</li><li>S&amp;P index up 25.65 points or 0.57% at 4489.71</li><li>NASDAQ in the cup 143.47 points or 1.05% at 13788.32</li></ul><p>Nvidia led the way with a gain of $29.08 or 7.12% at $437.63. Other winners today included:</p><ul><li>Micron up 6.07%</li><li>Celsius, up 4.54%</li><li>AMD up 4.10%</li><li>First Solar, up 3.20% </li><li>Broadcom up 2.93%</li><li>PayPal up 2.81%</li></ul><p>The biggest Dow 30 gain was Intel with a rise of 2.26%. Salesforce rose 1.61% and Merck advanced by 1.39%</p><p>This week Home Depot, Target, and Walmart will report their earnings:</p><ul><li>Home Depot fell -0.31%</li><li>Target fell -1.24%</li><li>Walmart fell -0.75%</li></ul><p>After the close, Berkshire Hathaway filed its Q2 13 – F filing which showed. The positions are at is of the end of June. So they could be different now.</p><ul><li>Decreased stake in General Motors by 45%</li><li>Capital One increased by 26%</li><li>Took small positions in homebuilders DR Horton and Lennar</li><li>Sold-out of McKesson and Marshall McLennan</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.

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