Technical Analysis

Major indices close lower for the day and lower for the week

Both the NASDAQ index and S&P index declined by -0.91% in trading today

The major indices are closing lower for the day and also lower for the week. Both the NASDAQ index and S&P index fell by equal -0.91%. The Dow industrial average fell by -0.48%.

The final numbers are showing:

  • Dow industrial average -166.44 points or -0.48% at 34584.87
  • S&P index -40.78 points or -0.91% at 4432.98
  • NASDAQ is down 137.95 points or -0.91% at 15043.98

For the week, 

  • Dow, -0.07%
  • S&P index -0.56%
  • NASDAQ index -0.47%.

The strongest currency today was the US dollar. The weakest was the Canadian dollar. The US session saw the dollar moved to the highs help by rising interest rates.

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