S&P Hits All-Time Record High, DJIA Comes Close

Jacob Harper  |

The market extended yesterday’s rally through Tuesday’s trading action, with the S&P 500 briefly touching its highest price in history before paring back slightly, while still closing at a record high. The DJIA notched impressive gains as well, while the NASDAQ bested both, rising more than a percent more than its counterparts. NASADQ's pop can be partly attributed to a sizable pop from Cisco Systems (CSCO) , who gained 3.03 percent, and Facebook Inc. (FB) , who rose 3.95 percent on the day.

The indices gains can be attributed to both an increase in manufacturing activity and positive earnings news out of the automaker industry, with mega-company Ford (F) besting earnings estimates, gaining 4.62 percent on the day amidst exceptionally heavy volume.

Market Results for April 1, 2014

  • Standard & Poor’s 500: +0.70 percent to 1,885.52 points
  • Dow Jones Industrial Average: +0.46 percent to 16,532.61 points
  • NASDAQ Exchange: +1.64 percent to 4,268.04 points

Our Top Stories

Stocks

 

 

 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
ISR IsoRay Inc. 0.57 -0.01 -1.54 257,779
FB Facebook Inc. 180.05 -0.21 -0.12 17,423,264 Trade
CSCO Cisco Systems Inc. 43.75 -0.03 -0.07 18,113,164 Trade
RBCN Rubicon Technology Inc. 8.50 0.15 1.80 6,256 Trade
F Ford Motor Company 9.46 -0.28 -2.87 66,586,182 Trade
PCHA Powermedchairs n/a n/a n/a n/a

Comments

Emerging Growth

Lomiko Metals Inc.

Lomiko Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration and development of resource properties. Its projects include Vines Lake project and Quatre - Milles…