Major US stock indices close higher and extend the winning streak to 5 days

The major US stock indices closed higher for the 5th consecutive day. Despite the gains the NASDAQ is closing lower on the month for the 1st time since March (-1.51%). The S&P eked out a small gain of 0.13% for the month. The Dow industrial average rose 0.32% for the month.

For the trading day:

• Dow industrial average rose 289.30 point or 0.61% at 47716.42.
• S&P index rose 36.48 points or 0.54% at 6849.09.
• NASDAQ index rose 151 points or 0.65% at 23365.69

This month, there was a disparity of winners and losers. Looking at some of the big names:

• Nvidia had its worst month since March with a decline -12.6%
• Meta rebounded by 9.04% this week which nearly erased the declines for the month. The stock is closing down -0.0617%.
• Alphabet was a big gainer with a rise of 13.87%.
• Microsoft felt -5.0%
• Amazon felt -4.05%
• AMD fell -15.11%.
• Broadcom rose 9.02%
• Tesla fell -5.78%

Some of the other bigger moves to the downside this month include:

And some of the winners for the month: