NASDAQ index squeezes out a modest gain. Dow industrial average and S&P index close lower

<p>The major US indices are closing mixed ahead of Nvidia earnings after the close tomorrow and that Powell's Jackson Hole speech on Friday.</p><p>The Dow industrial average and S&amp;P index both closed lower today giving up earlier gains. The NASDAQ index maintained a modest gain despite Nvidia, AMD, Adobe, Meta moving lower. On the other side, however, Alphabet, Microsoft, Apple, Tesla, Netflix all gained today. So I guess it makes sense that the NASDAQ index closed with a modest gain.</p><p>The final numbers are showing:</p><ul><li>Dow industrial average fell -174.88 points or -0.51% at 34288.82</li><li>S&amp;P index fell -12.22 points or -0.28% at 4387.54</li><li>NASDAQ index rose 8.27 points or 0.06% at 13505.86</li></ul><p>Looking at some of the leaders:</p><ul><li>Nvidia fell $-12.83 or -2.73% at $456.84. The video below outlines the technicals that are in play through the earnings tomorrow</li></ul><ul><li>Charles Schwab -4.93%</li><li>PNC financial -3.17%</li><li>First Solar -2.86%</li><li>Palo Alto Networks -2.6% after a surge yesterday.</li><li>Citigroup -2.47%</li><li>Bank of America -2.44%</li></ul><p>Gainers today included:</p><ul><li>Moderna, +4.65%</li><li>AirBNB, +2.48%</li><li>Paypal, +2.47%</li><li>Marriot, +2.07%</li><li>DoorDash +1.63%</li><li>Boeing, +1.25%</li></ul><p>Looking at the big growth stocks:</p><ul><li>Netflix +1.20%</li><li>Tesla +0.83%</li><li>Apple +0.79%</li><li>Alphabet +0.55%</li><li>Microsoft +0.18%</li></ul><p>US yields start the day lower and are ending the day with mixed results:</p><ul><li>2 year yield 5.043%, +5.2 basis points</li><li>5 year yield 4.487%, +2.9 basis points</li><li>10 year yield 4.33%, -1.2 basis points</li><li>30 year yield 4.406%, -0.5 basis points</li></ul>

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