Stocks down but it could have been worse

Technical Analysis

Author: Greg Michalowski | nasdaq

Nasdaq the hardest hit

The major US indices are ending the session in the red, but it could have been worse.  

The final numbers are showing:

  • The S&P index fell -19.31 points or -0.67% at 2840.23. The low reached 2831.29
  • The Nasdaq fell -113.91 points or -1.46% at 7702.37. The low reached 7678.34
  • The Dow fell -84.10 points or -0.33% at 25679.90.  The low reached 25560.55
Looking at the ranges and changes for the US and European markets, the major indices for the most part stayed below the 0.0% as global trade concerns weighed on equity sentiment.

US and European stocks traded below the 0.0% line.
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