It was a win for the bulls today as the snapback pushed the S&P 500, NASDAQ and NASDAQ 100 back above key MA support/resistance levels.
It was a win for the bulls today as the snapback pushed the S&P 500, NASDAQ and NASDAQ 100 back above key MA support/resistance levels.
The major averages were on a four-day losing streak going into Friday before a tick lower in oil prices and stable yields gave a hand up.
The major averages posted solid gains in August as they navigated ever-changing yields and headline risks associated with the war in the Middle East.
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| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 26418.3 | 439.87 | 1.69% | 13.67% |
| DJ UTILITIES | 1057.35 | 9.51 | 0.91% | -1% |
| DJ TRANSPORT | 20184.06 | 108.65 | 0.54% | 16.29% |
| DJ INDUSTRIALS | 51778.04 | 316.14 | 0.61% | 7.73% |
| NYSE COMPOSITE | 24089.55 | 155.4 | 0.65% | 9.48% |
| S & P 100 INDEX | 3803.61 | 48.26 | 1.29% | 10.82% |
| RUSSELL 2000 | 2874.63 | 15.82 | 0.55% | 15.82% |
| S&P 500 | 7637.76 | 85.95 | 1.14% | 11.57% |
| CBOE MKT VOLATILITY | 15.44 | -2.27 | -12.82% | 3.28% |
| AMEX COMPOSITE | 8624.95 | 82.71 | 0.97% | 25.6% |
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