Stocks are mixed in early trading. Nvidia down marginally in early trading after earnings

7 months ago 28

RoboForex - professional services on Forex market

The Dow is lower. The S&P is above and below unchanged

The major US indices are mixed in early US trading. The Dow industrial average is down. The S&P index is trading above and below unchanged and the NASDAQ index is marginally higher. Shares of Nvidia are also marginally lower after reporting earnings after the close yesterday.

A snapshot of the market currently shows:

Dow Jones Industrial Average (DJI): 45,493.95, -71.28 (-0.16%)
S&P 500 (SPX): 6,476.84, -4.56 (-0.07%)
Nasdaq Composite (IXIC): 21,594.42, +4.28 (+0.02%)

The S&P closed at a new record yesterday. It was the 19th record close for the index this year. The price is also looking toward the 6500 level on the upside. The NASDAQ index is still below its record high close of 21713.14 reached on August 13.

Technically, the NASDAQ index remains above its 100-hour moving average at 21483.92. It would take a move below that moving average and staying below that level to give the sellers more of a advantage.

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