US indexes are down on Thursday
2018-02-08 03:06 pm | Resource: NEWS | No Views : 163
The Dow Jones Industrial Average fell by 0.66% to 24,728 points, losing 165 points during the opening of the US session. The Nasdaq Composite Index was also down by 0.03% to reach 6,559 points, Losing 0.25 points, and finally the S & P 500 index fell 0.08% to 2,665 points.
The US jobless data showed jobless claims in the United States fell to their lowest level since March 1973, and initial jobless claims fell by 9,000 to 221,000 a week Ending February 3, compared to expectations of a rise to 232,000.
On the other hand, shares in the US stocks also lost ground. Apple shares rose by 0.49% to reach $ 160.30, while Facebook fell 0.90% to 178 levels. $ 50, and Microsoft shares fell 0.50% to trade at $ 89.14. Finally, Amazon was down 0.03% at $ 1,419.
Time frame Used - four hours The NASDAQ 100 is moving in a bearish direction in the near term The bears were able to control the movement of the NASDAQ 100 index to break the support level of 7366 down In view of the technical indicators Both the RSI and the Stochastic are indicating to the arrival of indicators in the oversold area Accordingly, we expect that the NASDAQ100 will …
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