Tensions continue to weigh on US indices, pushing them down.
US indices experienced a sharp collective decline at the start of trading on Tuesday, with the Nasdaq leading the losses.
However, the indices are generally moving sideways on the daily timeframe in the short term.
Indice Movement
The movements of the US indices were as follows:
The Dow Jones opened down 1.72% and continued its decline, reaching levels of 47,823.
Long-term forecasts still point to an upward trend for the Dow Jones.
The Nasdaq opened down 1.73% and continued its decline, reaching levels of 48,132.
The Nasdaq continues to move sideways, and an upward trend is expected in the long term.
The S&P opened down 1.54%, and the US index continued its decline to levels of $6736 in an attempt to test the demand zones from which it had previously risen.
