US major indices close lower for the 4th consecutive day

[forex4you]

US major indices close lower for the 4th consecutive day

<p>The major US indices are closing the day with declines for the 4th consecutive day. </p><p>The Dow industrial average was near unchanged with 5 or so minutes to the close but ran into some late day selling pushed the index down close to 100 points. The NASDAQ index is the worst performer with a decline near 1.0%. </p><p>The S&P is between the two after trading briefly below its 200 week moving average near 3600 intraday. The low price today in the S&P reached 3588.10 before bouncing higher. That 200 week moving average level will continue to be a key barometer for the trading week. Closing the week below that level would be more bearish.</p><p>The final numbers are showing:</p><ul><li>Dow industrial average fell -93.85 points or -0.32% at 29202.93</li><li>S&P index fell -27.24 points or -0.75% at 3612.43</li><li>NASDAQ index fell -110.29 points or -1.04% at 10542.11</li><li>Russell 2000 fell -10.22 points or -0.60% at 1691.92</li></ul>

                This article was written by Greg Michalowski at forexlive.com.

Source: US major indices close lower for the 4th consecutive day

forexlive.com