Dow, S&P 500 could threaten important technical support level for first time since election

MARKETWATCH | on Mon, Apr 3, 11:48 AM

In a sign of how the market's upward trend has been waning, both the Dow Jones Industrial Average DJIA, -0.06%[1] and the S&P 500 SPX, -0.16%[2] are mere points from their 50-day moving averages, a level that is often seen as a measure of near-term momentum. If the indexes close below the technically significant point, that would represent the first time that they did so since Nov. 8 - the day of the U.S. presidential election, where Donald Trump's victory spurred an extended rally that took ...

Read the full article

Semantic processing powered by OpenCalais

Use of the DailyMe service and DailyMe web site constitutes acceptance of the Company's Terms of Service and Privacy Policy.

© 2017 DailyMe, Inc. All rights reserved.