Stocks moving back to the downside going into the close
1 min readS&P index down near 2%
the major stock indices are moving to the downside going into the close. The Dow industrial average is down 561 points or -1.61% at 34310.54. The S&P index is down 88 points or -1.99% 4354.66. The NASDAQ is index is down -408 points or -2.73% 14559.
For the S&P index is getting close to its 100 day moving average at 4342.11. A move in close below that level would be more bearish going forward.