US stocks modestly lower in pre-market trading

Technical Analysis

Author: Greg Michalowski | sp

Futures implying modest declines in the major three indices

The premarket for US stocks are predicting a modest decline in the three major indices.

Yesterday a late day selloff tipped the balance into the negative for all three indices, after the S&P had reached an intraday all-time high price of 4086.23. The final numbers yesterday showed:
  • S&P index -3.97 points or -0.10% at 4073.94
  • NASDAQ index -7.214 points or -0.05% at 13698.379
  • Dow -96 points or -0.29% at 33430.24
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