The Dow edges lower as trading opens for the week

US indices opened mixed on Monday.

US indices opened mixed on Thursday, with the Dow Jones Industrial Average being the only one to decline among Wall Street's major indices.

The ongoing US-Iran conflict continues to negatively impact US indices, making caution crucial when trading them. Further losses are expected if the conflict persists and tensions escalate.

Indices' Movement

The movements of the US indices were as follows:

The Dow Jones opened down 0.15% and continued its decline, reaching levels around $46,120.

The index has already reached the target we mentioned recently, and we may now see some downward corrections.

The Nasdaq opened down 0.35% and continued its upward trend, reaching levels around $24,274.

The index reached strong selling pressure, so we may see a renewed decline targeting the $23,155 level.

The S&P 500 opened 0.14% higher, and the US index continued its upward trend, reaching $6,619.

The index began a downward trend, but managed a corrective rebound, aiming to reach strong selling pressure. Therefore, we expect to see a return to the downtrend and a continuation of the downward movement in the medium term.