Nasdaq trades to new session lows

Technical Analysis

Falls down -0.69% at the new session low

The Nasdaq has pushed to new lows as the trading winds down to the last 1 1/2 hours of trading. The pair moved up as much as  0.74% at the high. The low has just bottomed at -0.69%.  

Meanwhile the S&P and Dow remain higher on the day with the S&P up 0.52% and the Dow up 0.47%.  

Rotation out of the high flyers and into the cyclicals continues. 

The top 10 Dow stocks are:

Articles You May Like

Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
Alibaba shares soar nearly 15% after stellar earnings as China’s e-commerce sector recovers
Airbnb shares pop 15% on better-than-expected earnings and revenue
Safe-haven gold hovers near record high on Trump tariff worries

Leave a Reply

Your email address will not be published.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