Thoughts For Thursday: New Highs Expected While Market Slows


Indices are poised to hit new highs, but market activity slowed on Wednesday despite additional positive Q1 earnings reports. Pexels Yesterday the S&P 500 was unchanged at 5,188 points, the Dow closed up 172 points at 39,056 and the Nasdaq Composite closed at 16,303, down 30 points. Chart: The New York Times Most actives were led by Uber (UBER), down 5.7% followed by Tesla (TSLA), down 1.7% and Intel (INTC). down 2.2%. Chart: The New York TimesIn morning futures S&P 500 market futures are down 12 points, Dow market futures are down 77 points and Nasdaq 100 market futures are down 62 points.cMore By This Author:Tuesday Talk: Still FlyingThoughts For Thursday: Lingering InflationTuesday Talk: Market Stays Up Awaiting FOMC Meeting

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