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Markets Shut At New All-Time Highs But Once more – Benzinga

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The SPDR S&P 500 ETF Belief (NASDAQ: SPY) reached one other intraday all-time excessive of $411.66 earlier than closing 0.73% greater at $411.49.

The main indices are buying and selling greater amid a rebound in tech shares. Moreover, Federal Reserve minutes from its March assembly indicated insurance policies would stay in place till sure financial circumstances enhance.

Invesco QQQ Belief Collection 1 (NASDAQ: QQQ) completed greater by 0.61% at $337.11. The SPDR Dow Jones Industrial Common ETF Belief (NASDAQ: DIA) reached an intraday all-time excessive of $338.06 earlier than ending greater by 0.81% at $337.86.

Listed below are the day’s winners and losers from the QQQ, in keeping with information from Benzinga Professional.

The leaders for the S&P 500 had been largely from retail, clothes and trend at giant: PVH Corp (NYSE: PVH), Tapestry Inc (NYSE: TPR) and Hole Inc (NYSE: GPS).

On the flip aspect, names vitality and journey together with United Airways Holdings Inc (NASDAQ: UAL) Cabot Oil & Gasoline Company (NYSE: COG) and Pioneer Pure Sources Co (NYSE: PXD) took a step again and had been among the many prime losers within the SPY. 

Elsewhere On The Avenue

  • Elon Musk mentioned Thursday that Neuralink’s first implant will enable somebody with paralysis to make use of a smartphone with their thoughts quicker than some utilizing their thumbs. Musk made the revelation on Twitter in a collection of posts. The entrepreneur mentioned that the machine is “implanted flush with cranium & expenses wirelessly, so that you look & really feel completely regular.”… Learn Extra
  • Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market cap, reached an all-time excessive of $2,151 earlier this week however has struggled to seek out assist above $2,000. In accordance with a market intel report from Chainalysis, the cryptocurrency’s value curve means that Ethereum’s peak worth has a narrower base of assist than Bitcoin… Learn Extra
  • Because the S&P 500 hit a brand new document closing excessive for the second straight day on Thursday, CNBC’s “Buying and selling Nation” requested two merchants which of the 2 largest S&P 500 shares is the higher purchase: Microsoft Corp. (NASDAQ: MSFT) or Apple Inc. (NASDAQ: AAPL)? Learn Extra

© 2021 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.



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