Dow, S&P lower for the fourth straight trading day

Technical Analysis

NASDAQ down for the second consecutive day

The US major indices are all closing lower with the Dow and S&P down for the fourth straight trading day. The NASDAQ has been down for two consecutive days

A look at the closing levels shows:

  • Dow industrial average fell -150.84 points or -0.43% at 34880.23. The low price reached 34847.30. The high price extended to 35199.89
  • S&P index felt -20.81 points or -0.46% at 4493.26. The low price reached 4492.07. The high price was at 4529.90.
  • NASDAQ index fell -38.38 points or -0.25% at 15248.25.  The low price for the day reached 15245.17. The high price reached 15352.38.

The Russell 2000 also closed lower with a late day selloff pushing the index into the red. It fell -0.60 points or -0.03% at 2249.13

  • Financials rose 0.25%
  • Energy rose 0.13%
  • Materials rose 0.07%

On the negative side:

  • Real Estate fell -2.12%.
  • Healthcare -1.18%.
  • Consumer staples -0.60%. 
  • Utilities -0.59%

In other markets as US trading moves toward the close shows the Swiss franc is the strongest while the US dollars weakest.

  • Spot gold is up five dollars or 0.28% at $1794.32
  • Silver is up $0.10 or 0.42% at $24.03
  • WTI crude oil futures are down $1.36 or -1 points 96% at $67.94
  • bitcoin rose $540 or 1.18% at $46,634

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