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US indexes are down on Thursday

2018-02-08 03:06 pm | Resource: NEWS | No Views : 241

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.

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NASDAQ Technical Analysis 17 January 2019

Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The purchasing power managed to control the movement of the NASDAQ 100 index to break through the resistance level of 6630 to reach the level of 6721 where it faced around this level to retreat slightly to level of  6625 likely the Dow Jones, but we note that there is a…

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