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Stocks: S&P 500, Nasdaq close lower for fifth-straight day

Julie Hyman
·Host

Stock market indexes (^DJI, ^IXIC, ^GSPC) are a mixed bag with only the Dow Jones Industrial Average closing higher by a mere 0.06%. Thursday's session close marks the fifth straight day in the S&P 500 and the Nasdaq Composite's current losing streaks.

Market Domination Overtime Co-Host Julie Hyman reviews the day's trading activity after the closing bell.

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

JULIE HYMAN: That's the closing bell on Wall Street. Now it's Market Domination Overtime. Let's get you up to speed on the action from today's session, and see where the major averages ended up.

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A mixed picture here. The Dow creeping into the green in the last few moments of trading, up 24.5 points. The S&P off by a fifth of 1%. The Nasdaq off by a half of 1%.

And look no further than the Yahoo Finance trending ticker page, because we had the likes of Taiwan Semiconductor leading that the whole day, that really weighing on the Nasdaq, weighing on large cap tech and semiconductors, specifically as the company's outlook for the industry was just a hair less rosy than it had been. Looking for 10% growth for overall chip growth this year. Of course, we also were watching some of the other large cap tech stocks do a little bit better today, but still digesting earnings and still digesting rising Treasury yields, which has been something of a stumbling block for stocks. So all of that translating into the mixed picture in today's session.