It is triple witching hour this week which can increase the end of day volatility. It is also the start of a three-day weekend in the US maybe there is some liquidation/profit-taking. As a result, indices are trading to new session lows. A snapshot of the market currently shows:
- Dow industrial average -88 points or -0.25% at 34320.50
- S&P index -12.9 points are -0.29% at 4413.15
- NASDAQ index -83 points are at -0.60% at 13699.90
Microsoft shares are down $4.27 or -1.23% of $343.82 after trading to a new all-time high of $351.47. Apple shares are also lower after it traded to an all-time high today of $186.96.
Nvidia remains positive but well-off high levels. The price is up $3.35 or 0.79% of $429.90. Its high price was at $437.21.
Adobe which rose as much as $27.83 is still higher but only by $6.50 or 1.32% at $497.32
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This article was originally published by Forexlive.com. Read the original article here.