S&P closes below 200 day MA for 1st times since June 2016
The S&P index is closing below the 200 day MA for the 1st time since June 2016. At that time it was for 1 day. The 200 day MA comes in at 2589.83. We will see what tomorrow brings.
Overall, the Nasdaq was the hardest hit. The Dow 30, was the best of the worst.
Below are the highlights:
- The S&P is closing at 2581.88, down -58.99 points or -2.23%. The high reached 2638.30. The low reached 2553.80
- The Nasdaq closed at 6870.12, down -193 points or -2.74%. The high reached 7044.71. The low extended to 6805. At the low, the Nasdaq was down -258 points.
- The Dow was down -458.92 points but was down -758 at the lows. The index was down -1.90% at 23644.19. The high was 24,123.80. The low reached 23,344.52.
