Dow and S&P erase losses. The Nasdaq stops falling
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S&P retests its 200-day moving average
The S&P Index and the Dow Industrial Average are now trading positive. The NASDAQ index has also erased most of its declines and is trading near the day’s highs.
For the S&P index, it is trading just off its 200-day moving average at 4491.73. Yesterday, the index price closed below this moving average for the first time since March 23rd. If the price can get back above it, it would tip the bias to the upside.
S&P retests the MA for 200 days
A snapshot of the market currently shows:
Dow Industrial Average up 26.54 points or 0.03% at 34,519.30
S&P index up 7.75 points or 0.18% to 4489
NASDAQ
NASDAQ
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It only tracks the New York Stock Exchange (NYSE) in terms of market capitalization and is part of a network of stock markets and options exchanges. Launched in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it has been known simply as NASDAQ and has become one of the most influential stock exchanges in the world. OTC) trading system. What makes up the NASDAQ? In particular, the exchange also includes the NASDAQ Composite, which includes almost all stocks listed on the NASDAQ stock market. Along with the Dow Jones Industrial Average (DIJA) and the S&P 500 Index, it is one of the three most followed stock market indices in the United States. Overall, the NASDAQ stock market has three different market levels. This includes the capital market, or a stock market for companies with a relatively small market capitalization. Listing requirements for small cap companies are less stringent than for other Nasdaq markets which list larger companies with significantly higher market capitalization. Additionally, the global market is made up of stocks that represent the global Nasdaq market. The Global Market consists of 1,450 stocks that meet stock exchange financial and liquidity requirements and corporate governance standards. Finally, the Global Select Market is a market capitalization-weighted index comprised of 1,200 US and international stocks that represent the Global Select Market Composite.
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It only tracks the New York Stock Exchange (NYSE) in terms of market capitalization and is part of a network of stock markets and options exchanges. Launched in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it has been known simply as NASDAQ and has become one of the most influential stock exchanges in the world. OTC) trading system. What makes up the NASDAQ? In particular, the exchange also includes the NASDAQ Composite, which includes almost all stocks listed on the NASDAQ stock market. Along with the Dow Jones Industrial Average (DIJA) and the S&P 500 Index, it is one of the three most followed stock market indices in the United States. Overall, the NASDAQ stock market has three different market levels. This includes the capital market, or a stock market for companies with a relatively small market capitalization. Listing requirements for small cap companies are less stringent than for other Nasdaq markets which list larger companies with significantly higher market capitalization. Additionally, the global market is made up of stocks that represent the global Nasdaq market. The Global Market consists of 1,450 stocks that meet stock exchange financial and liquidity requirements and corporate governance standards. Finally, the Global Select Market is a market capitalization-weighted index comprised of 1,200 US and international stocks that represent the Global Select Market Composite.
Read this term index down 34.72 points or -0.25% to 13854.
At the lows of the session,
The Dow Industrial Average was down -305.56 points or -0.89%
The S&P index fell -30.65 points or -0.68%
The NASDAQ index fell by -199.59 points or -1.44%
The main indexes have been falling for two consecutive days. Meanwhile, the S&P fell -2.2% while the NASDAQ index fell -4.4% from Monday’s closing levels.
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