The major indices are moving closer to the unchanged levels after a hopeful start to the day starts to see an erosion.
A snapshot of the market is showing:
- Dow is up 5.74 points or 0.02% at 31258.88
- S&P is up 8 points or 0.19% at 3908
- Nasdaq is up 33 points or 0.29% at 11411
The highs for the indices came in at:
- Dow 31515.78, up 262.65 points or 0.84%
- S&P 3943.28, up 42.49 points or 1.09%
- Nasdaq 11552.21, up 163.72 points or 1.44%
The Nasdaq index is trading just below its 50% midpoint of the move up from the post pandemic low (in March 2020). That midpoint comes in at 11449.29. The current price is near 11411.
This article was originally published by Forexlive.com. Read the original article here.