Dow Drops Back While Nasdaq 100 hits new High, and Russell 2000 Pushes Towards April High

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

While the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the April high

Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.03% US ...After the strong move higher from late April, some short-term weakness or consolidation would not be surprising. Previous highs at 39,287 could provide some support, while below this lies the 50-day simple moving average.

Nonetheless the medium-term bullish view is still present, with the March high at 2140 now coming into view. Further gains target 2220, an intermediate high from January 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 305. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines