Forex

US stock indices close higher. Nasdaq leads the way


2025-12-02 21:23:00

The major US stock indices are closing mostly higher with the NASDAQ leading the way. Again comes after declines yesterday that snap five-consecutive days of gains.

A snapshot of the closing levels shows industrial average:

  • Dow industrial average rose 185.13 points or 0.39% at 47474.46
  • S&P index rose 16.74 points or 0.25% at 6829.37
  • NASDAQ index rose 137.75 points or 0.59% at 23413.67

The small-cap Russell 2000 could not reach positive territory. It felt -4.14 points or -0.17% at 2464.98.

Some of the biggest winners today included:

  • Boeing (BA): 205.38 | +18.92 (+10.15%)

  • Intel (INTC): 43.48 | +3.47 (+8.66%)

  • Grayscale Bitcoin (GBTC): 71.25 | +4.33 (+6.47%)

  • MicroStrategy (MSTR): 181.33 | +9.91 (+5.78%)

  • Bitcoin Futures (BMC): 91,580 | +4,805 (+5.54%)

  • DoorDash (DASH): 216.96 | +11.36 (+5.53%)

  • BTC/USD: 91,316 | +4,748 (+5.48%)

  • Shopify (SHOP): 156.83 | +7.55 (+5.06%)

  • United Airlines (UAL): 104.83 | +3.26 (+3.22%)

  • Snowflake (SNOW): 259.25 | +7.68 (+3.05%)

  • Dell Technologies (DELL): 135.95 | +3.86 (+2.92%)

Reasons Behind Today’s Moves

Boeing (+10.15%)

  • Strong rally on relief after reports that the company is nearing resolution on regulatory concerns and receiving improved delivery outlooks from key airline customers.

  • Broader industrial sector strength is also contributing to upside momentum.

Intel (+8.66%)

Bitcoin, GBTC, and MicroStrategy (+5–6% range)

  • Bitcoin rebounded sharply today, recovering more than 5% after yesterday’s sell-off.

  • Risk appetite improved across markets, helping crypto-linked assets rise.

  • MicroStrategy continues to trade as a leveraged Bitcoin proxy.

  • GBTC follows underlying Bitcoin price action.

DoorDash (+5.53%)

  • Benefiting from strong consumer-spending data and improving sentiment on delivery-platform earnings resilience.

  • Some analysts issued upbeat notes on margin improvement trends.

Shopify (+5.06%)

United Airlines (+3.22%)

Snowflake (+3.05%)

  • Cloud-software names continue to rebound after recent weakness.

  • AI-related product announcements and analyst upgrades earlier in the week are still providing support.

Dell Technologies (+2.92%)

  • Ongoing positive sentiment following Michael & Susan Dell’s headline-grabbing $6.25B philanthropic announcement (indirect brand and sentiment lift).

  • Broader tech market strength is contributing.

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