Wall Street Indices Open Higher for Thursday
US indices opened Thursday
with a collective rise, with the Nasdaq leading Wall Street's
rise today as US indices opened.
The opening was as follows
Dow Jones
The Dow Jones opened higher by 0.26%.
The Dow continued to rise on Wednesday after the recent correction.
It is expected that the index will fall again as long as
it does not breach the 47,044 level.
Therefore, we are expected to see a return to decline,
especially after reaching strong selling areas on the 4-hour and hourly time frames.
Nasdaq
The Nasdaq opened higher by 0.69%.
The Nasdaq actually rose today in a correction,
which was expected after the recent downward trend,
as a result of Trump's recent statements regarding the imposition of tariffs on China.
Expectations are still for the index to continue declining
in the near and medium term.
S&P 500
The S&P 500 opened with a 0.37% gain.
The S&P began to change direction from bullish to bearish.
After months of rising, the index fell sharply.
This was expected in response to Trump's statements.
Now, after a correction, the index has declined again, as expected.
Expectations are still for the index to continue declining.
