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US stocks close lower. Major indices trade below the 100 day MAs.
Stocks
The 3 major US stock indices traded below the 100-day moving averages intraday, but for the Dow industrial average and the S&P index, the price closed back above that key technical barometer.
- For the NASDAQ index it closed below its 100-day moving average at 19211.55 for the first time since September 10th.
- The S&P index traded below the 100-day moving average at 5946.04 , but closed just above the moving average level.
- The Dow industrial average also move below its 100 day moving average and today at 43484.22, but was able to snap back higher
The snapshot of the closing levels shows:
- Dow industrial average closed up 159.95 points or 0.37% at 43621.17.
- S&P index closed down -28.0 point surmise 0.47% at 5955.25.
- NASDAQ index closed down -260.54 points or -1.35% at 19026.39.
- Russell 2000 fell -8.18 points or -0.38% at 2170.08. For the Russell 2000 it close below its 200 day moving average for the third consecutive day. That moving average comes in at 2203.04
Source: Forex Live