Market Recap: Thursday, August 6

As investors digested better-than-expected weekly jobs data, stocks shifted Thursday. Investors also eyed another set of corporate earnings results and more developments around stimulus talks in Washington. The Final Round panel to break down the details.

Video Transcript

SEANA SMITH: Welcome back to "The Final Round" here on Yahoo Finance. I'm Seana Smith. We're less than a minute here from the closing bell. And all three major averages on track to close to the upside. The NASDAQ the big story today, up just around 1%-- by far the biggest out-performer of the major averages, and closing above 11,000 for the first time.

[BELL RINGING]

And that does it for the trading day. Again, the NASDAQ closing above 11,000 for the first time ever-- up seven days in a row. A big reason for that is some of the momentum that we've been seeing in a lot of the big techniques, specifically Apple. Apple up again today, up just around 3.5%. It's its seventh day in a row of gains, the longest winning streak for Apple in nearly a year and a half. So again, the NASDAQ closing the day in the green. The Dow up 185 points, and the S&P closing up just around 6/10 of a percent.

I also want to take a look at some of the sector action that we're seeing today. Communication services and technology by far leading the way. The underperformers today are energy and health care. Those two sectors closing in the red. The travel stocks also getting a boost today. This comes after the State Department lifted its global advisory on avoiding international travel.

So some of those names tied to the reopening trade-- so airline stocks-- American, Delta, United-- all closing in the green today. And then, of course, hotel stocks also moving to the upside on heels of the news-- Marriott, Hyatt, Hilton just some of the names here today that are posting gains. We've got a couple of earnings reports here for you after the bell-- Uber, Yelp, and Zillow all on deck. We're going to bring those numbers to you as soon as they cross. Uber, of course, will be the big focus here after hours. That stock closing up just around [INAUDIBLE] ahead of their earnings report tonight.