Major U.S. stock indexes are moving higher again in early U.S. trading. The S&P index is growing at a pace for the 5th consecutive positive week. The NASDAQ is on pace for an eighth consecutive positive week, its longest winning streak since March 2019.
The market snapshot currently shows:
- The Dow Industrial Average was up 99.17 points, or 0.29%, at 34,507.24
- The S&P rose 11.67 points, or 0.26%, to 4,437.52
- NASDAQ index 13.39 points or 0.10% to 13796.21
Shares of Adobe rose $20.21, or 4.12%, to $511.12 after beating their gains after yesterday’s close and heading higher.
Microsoft hit a new all-time high of $351.47, but has since retreated. Apple also traded to a new all-time high at $186.96, but is negative today.
There is some profit taking at the beginning of trading.
Meanwhile, the US Open (as well as the golf tournament) started yesterday. The US Open is not to be confused with the US Open.
The golf is at the Los Angeles Country Club and there are some good looking homes around the course. One of them is the property originally built by Aaron Spelling. It’s on the market for $155 million.
Zillow’s description reads:
“The Manor” Unrivaled offer, unrivaled environment, exhibition venue of the highest caliber. The Manor is undoubtedly one of the finest estates in the world. Majesticly situated on 4.68 acres in the heart of Holmby Hills, The Manor offers complete privacy bordering the Los Angeles Country Club. Covered entirely in limestone and consisting of over 56,000 square feet, The Manor offers every amenity imaginable. From bowling alleys to beauty salons, rolling lawns to rose gardens, a legendary library to a professional screening room: the possibilities are vast and endless. A rare opportunity to acquire one of the most significant estates ever created.
There is also a tennis court, but no pickleball court. What? No thank you.