US stocks close near session highs. Nasdaq back above 100 hour MA ...Middle East

A snapshot of the closing levels is showing:

Dow industrial average +585.06 points or +1.34% at 44173.64.S&P index up 91.93 points or 1.47% at 6329.94.NASDAQ index up 403.45 points or 1.95% at 21053.58.Russell 2000 rose 45.52 points or 2.10% at 2212.30.

The good news technically, is that the Nasdaq is closing back above its 100-hour MA which is positive for the close. Stay above tomorrow will give the buyers more confidence potential for one back toward the all-time high price seen last week.

Versus its 100 hour moving average, the S&P index closed just short of it by less than $0.40 (see blue line on the chart below). Tomorrow will be key for the index. Does it push back above the 100 hour moving average, or move back to the downside after the test today?

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

Hence then, the article about us stocks close near session highs nasdaq back above 100 hour ma was published today ( Monday 04/08/2025 - 11:38 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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