Stocks give up gains. Nasdaq leads the move lower

Technical Analysis

Author: Greg Michalowski | sp

Volatility continues.

The US stock market continues the volatility today with a bearish bias. The Nasdaq is leading the way lower. The pair was higher after comments from NY Fed Williams, but has since tumbled back lower and is trading down -52 points or -0.80% at 6476. The high reached 6586.

The S&P is down -5 points now at 2464 or -0.13% at 2464
The Dow has been saved by Nike which reported higher earnings after the close. It is up 15 points at 22867, but was as high as 23254. 

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