The major indices kicked off the day with gains after a strong session in Asia (the Shanghai Composite saw a 4.1% gain). But the early gains didn’t last long.
Stocks quickly turned negative, and the S&P was trading at last week’s low just an hour into the trading session.
After the morning sell-off, stocks were choppy and eventually finished the day mixed.
The NASDAQ ended the day with a small gain. But the S&P and DOW were losers. It was the 4th losing day in a row for the S&P.
—- IMPORTANT —-
He predicted Dow 20,000, the dot-com crash, and the housing bubble.
Dr. Steve Sjuggerud will be staging a massive online event on October 24th.
More than 65,000 people have signed up to watch this online event.
Here’s where the major indices ended the day:
- The S&P finished with a 0.4% loss. Down 12 points, the S&P ended at 2,756.
- The DOW ended lower by 0.5%. Dropping 127 points, the DOW closed at 25,317.
- The NASDAQ was up 0.3%. With a 20 point gain, the NASDAQ finished at 7,469.
- Bitcoin finished 0.2% higher. Up $15, Bitcoin ended at $6,390.
— TRENDING NOW—
FREE STOCK TRADING WEBINAR
Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 easy-to-follow steps that you’re going to want in your playbook & he’s got the numbers to prove it!
Crude Oil (CL) ended with a small gain. Up 0.2%, CL finished at $69.42 a barrel.
In earnings news, Hasbro (HAS) dropped 3.1% after disappointing earnings. The company blamed Toys R Us for its drop in revenue. Haliburton (HAL) was lower as well. The stock lost 3.0% after reporting disappointing revenue estimates.
The economic calendar is pretty quiet this week. But it will be a busy week for earnings, with reports from big names like Microsoft (MSFT), Alphabet (GOOG), and Amazon (AMZN).
— TRENDING NOW—
$330,000 per year trading part-time?
Check Out This Video to Learn Jason’s 3 Simple Trading Patterns
Source: RockwellTrading by Markus Heitkoetter | Original Link