U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
The market has struggled to make headway this week. The S&P 500 fell for a third straight day and has run into resistance around its 200-day moving average as investors searched for a catalyst to take stocks higher.
Friday's Commerce Department report on second-quarter gross domestic product will be another marker for the strength of the recovery, which appears to be losing steam after several weak economic reports.
.png)
| Index Value: | 10,467.16 |
| Trade Time: | 4:03PM EDT |
| Change: |  30.72 (0.29%) |
| Prev Close: | 10,497.88 |
| Open: | 10,498.94 |
| Day's Range: | 10,387.39 - 10,584.99 |
| 52wk Range: | 9,072.84 - 11,309.00 |
No comments:
Post a Comment
Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards