US indices open mixed on Tuesday
US indices opened mixed on Tuesday, with the Nasdaq being the only major Wall Street index to open higher.
The ongoing US-Iran war continues to negatively impact US indices, pushing them into further losses. If the war continues and tensions escalate, US indices are expected to experience further declines.
Indices' Movement
The movements of the US indices were as follows:
The Dow Jones opened slightly lower by 0.02%, and continued its decline, reaching levels of $47,456.
After breaking through current support levels, the index is expected to continue its downward trend in the short and medium term.
The Nasdaq opened higher by 0.22%, and continued its upward movement throughout the day, reaching levels of $25,118.
The Nasdaq continues to trade sideways, and we expect to see an upward move in the index in the near term.
The S&P 500 opened down 0.01%, continuing its decline to the $6755 level as it attempts to test previously supported levels.
