The S&P and Nasdaq extend their winning streaks

<p>The broader S&amp;P and Nasdaq indices extended their winning streaks. The S&amp;P is not up 8 straight days and the Nasdaq is up 9 straight days. </p><p>The Dow ended its 7-day win streak with a modest decline today. </p><p>The final numbers are showing:</p><ul><li>Dow industrial average fell -39.82 points or -0.12% at 34112.81</li><li>S&amp;P index rose 4.44 points or 0.10% at 4382.81</li><li>NASDAQ index rose 10.55 points or 0.08% at 13650.40</li></ul><p>The NASDAQ index has now closed above its 100-day moving average for 2 consecutive days. That moving average comes in at 13616.58.</p><p>The S&amp;P index inched closer to its 100-day moving average at 4402.46. The high price today reached 4391.20 (within 11.2 points from its 100-day moving average). The SP index has not been above its 100 day moving average since September 20.</p><p>After the close earnings include:</p><p>Walt Disney Co (DIS) Q4 2023:</p><ul><li>Adjusted EPS: $0.82 (Beat expectations of $0.70)</li><li>Revenue: $21.24 billion (Slightly missed expectations of $21.35 billion)</li></ul><p>Instacart (CART) Q3:</p><ul><li>Share loss: $20.86 (Beat expected loss of $12.97)</li><li>Revenue: $764 million (Beat expectations of $736.9 million)</li><li>Gross Transaction Value (GTV) increased by 6% year-over-year (Y/Y)</li></ul><p>Arm Holdings (ARM) Q2 2024:</p><ul><li>Adjusted EPS: $0.36 (Beat expectations of $0.26)</li><li>Revenue: $806 million (Beat expectations of $744.3 million)</li><li>Q2 chips reported shipped: 7.1 billion (Decreased by 6% year-over-year)</li></ul><p>Lyft Inc (LYFT) Q3 2023:</p><ul><li>EPS: $0.24 (Beat expectations of $0.13)</li><li>Revenue: $1.158 billion (Slightly missed expectations of $1.14 billion)</li></ul><p>Take-Two Interactive Software Inc (TTWO) Q3 2023:</p><ul><li>EPS: (Expectations not provided)</li><li>Revenue: $1.3 billion (Missed expectations of $1.43 billion)</li></ul>

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