The major indices snap 2-day losing streaks

The major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term have snapped the 2 day losing streak with modest gains today.

The final numbers are showing:

• Dow closed up 87.04 points or 0.25% at 34583.56
• S&P closed up 19.04 points or 0.42% at 4500.20
• Nasdaq NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term closed up 8.49 points or 0.06% at 13897.31
• Russell 2000 fell -7.1385 points or -0.35% at 2009.79

The S&P closed above the 200 day MA at 4491.78 after falling below and closing below the MA yesterday. The failure is good news technically.

For the Nasdaq index, it moved lower and in the process dipped briefly below the 200 hour MA at 13707.60 (the low reached 13689.23), but found support buyers. Holding support kept the buyer in play although the price still remains below it's 100 hour MA at 14165.69. So there is work to do.