The S&P 500 and Dow Jones Industrial average have dominated the news over the past several weeks because of volatile fluctuations in both indices since the U.K. Brexit vote, but today the NASDAQ took some of the stock headlines after posting a gain of over one percent. The Dow also closed with it’s 7th straight record closing session.
More from CNBC below.
Meanwhile, Marketwatch.com today had a report that had three different charts showing why the S&P 500 and the Dow are over valued.
“A number of analysts and strategists over the past few days are cautioning that worrisome trends are starting to crop up as equities take the escalator higher, pointing to a market that is getting overheated.”
Read the entire story here.
Here are the final numbers from Wednesday, July 20th on Wall Street:
Dow Jones Industrial Average: 18,595.03 (+36.02 / +0.19%)
NASDAQ: 5,089.93 (+53.56 / +1.06%)
S&P 500: 2,173.02 (+9.24/ +0.43%)
