Nasdaq leads stock comeback, rising by 2.8%: Market close

The major stock market indexes (^DJI, ^IXIC, ^GSPC) capped Thursday's trading off in positive territory, the Dow Jones Industrial Average jumping by over 680 points as the Nasdaq Composite and S&P 500 rose by well over 2%.

Julie Hyman and Jared Blikre recap trends seen across market averages, including the tech-heavy Nasdaq 100 (^NDX) and Russell 2000 small-cap index (^RUT), as well as the day's sector leaders.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.

Video transcript

That's the closing bell on Wall Street and now it's market domination over time.

We're joined by Jared Bry to get you up to speed on the action from today's session.

Let's start with where the major averages ended the day near the highs here.

The dow up by 683 points when all was said and done 1.76% higher.

The S and P 500 with its best performance going back to January of 2023 with this 2.3% gain and the NASDAQ up 2.9%.

Did you guys go back to the S and P for a minute?

When we look at the past week here, we're kind of, you know, uh lower than where we were, but we made a little bit of a round trip.

So we'll see if that keeps going.

It was a quite a broad based rally today as we pointed out earlier, the Russell 2000 keeping pace with the S and P 500 its gains.

And then also if you look at the of either the Dow or the NASDAQ 100 you see not a lot of red one stock very slightly in the red and the Dow and that's United Health Care.

And then if you look at the NASDAQ 100 here and equal weight that one you got what, maybe half a dozen or so stocks in the red in that whole index.

So, again, just showing that it was quite a broad based bounce back today, Jared.

Well, I'll take it from here.

We got our Leaders Index.

You don't see any red on this board right here.

And in fact, Bitcoin was the number one gainer of the day and even uh bonds were doing some work on the low end high yield up about 4/10 of a percent.

But chip stocks really uh clawing back some of those steep losses.

We got art components momentum.

IP O So as Julie said, just broad based risk right here and let's check in on some of the unprofitable names that comprise the Art Innovation Fund.

That's disruptive tech and you see a lot of green here Shopify up seven.

So is coin base after a nice drubbing it took in the previous days, Roku up 5%.

But I just want to show you real quick what the five day looks like with some of these only staples in the green, only staples has managed to stay above water over the last five days.

Consumer discretionary is the worse off.

And then taking a look at leaders small oil and Bitcoin, actually the worst off over these five days.