US stocks trade to lows for the day ...Middle East

The major US stock indices are trading to lows for the day. The Dow industrial average is leading with a decline of -1%. The declines are led by Travelers, Amazon, Walt Disney. The low for the tail reached 41891.81. Earlier, the price fell below its 100 hour moving average of 42071.77. The low price from last week reached 41837.07 and is a next target.The S&P index is also trading lower and trading to new session lows. The current price is down -0.76% at 5707.41. That has taken the price below its 100 hour moving average of 5712.14. Stay below that moving average level would tilt the technical bias to the sellers in a short-term. The next target comes against the low from last week at 5673.9

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Last updated : 07 October 2024 clock 09:40 PM

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US stocks trade to lows for the day ...Middle East

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