Broad Decline in US Indices at the Start of Thursday's Trading

US indices opened Thursday's session with sharp downward movement; the Nasdaq was the most volatile among the major Wall Street indices.

Index Movements

The movements of the US indices were as follows:

The Dow Jones opened 0.52% lower and continued to decline, reaching the 52,081 level.

The index is still expected to rise in the long term; therefore, any correction presents a good opportunity to look for buying positions.

The Nasdaq opened down 1.13% and continued its decline today, reaching the 29,016 level.

The index is moving sideways, so the price is expected to respect supply and demand zones should it reach them.

The S&P opened down 0.60% and continued to decline, reaching the 7,588 level.

The index broke through selling zones and established strong buying zones; the overall trend remains positive, and a long-term rise is expected.