Major indices break winning streaks

Technical Analysis

S&P and NASDAQ break a today winning streak. Dow industrial average breaks its 4 day winning streak

The major indices have broken their recent winning streaks. Admittedly the NASDAQ and the S&P index is at only reason for 2 straight days, but the Dow industrial average had a 4 day winning streak snapped in trading today.

The final numbers are showing:

  • S&P index -10.99 points or -0.34% at 3215.57
  • NASDAQ index -76.66 points or -0.73% at 10473.83
  • Dow industrial average -135.39 points or -0.50% at 26734.73

Below are the percentage changes and percentage high low ranges for the North American and European indices. Apart from the Italian FTSE MIB and the Portuguese PSI 20, the major indices all closed lower today.

For bank trade ideas, check out eFX Plus

Articles You May Like

Gold price soars to three-week high amid easing inflation, rate cut hopes
Yen Decline Persists, Pound Eyes UK Wage Data
US stocks rally into the close but close mixed. Dow closing above 40K for the 1st time.
USDJPY Technical Analysis – The bullish bias remains intact
AUDUSD Technical Analysis – Will we finally break the resistance?

Leave a Reply

Your email address will not be published. Required fields are marked *