US stocks lower in early trading

The major US stock 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 are opening lower with the 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 index leading the way to the downside.

A snapshot of the market currently shows:

• Dow industrial average -87.76 points or -0.25% at 34901.09
• S&P index -17.11 points or -0.38% at 4453.97
• NASDAQ index -119.39 points or -0.84% at 14020.37
• Russell 2000-7.84 points or -0.38% at 2068.61

The major indices moved higher yesterday on hopes of a diplomatic solution to the Russia/Ukraine conflict. Today, the hopes from yesterday are starting to fade as report circulate that there is still very large build up on the border and the threat of the invasion remains.

Technically, the S&P index moved above, and closed above its 200 day moving average yesterday currently at 4456.06. The current price is trading just below that level at 4453.97 which tilts bias back to the downside.

The Dow industrial average moved up to test its 100 hour moving average yesterday currently at 35047.03. The price has moved lower and away from that moving average keeping a more bearish bias in the short term.

For the NASDAQ index, it moved and closed above its 100 hour moving average at 14042.34. With the price currently trading at 14020, it is back below that moving average level tilting the bias more to the downside in the short term.