US indices continue to record new losses at the start of trading

Wall Street indices opened lower across the board on Monday

US indices opened lower across the board on Monday, with the Dow Jones Industrial Average leading the decline.

The ongoing US-Iran conflict continues to negatively impact US indices, pushing them into further losses. If the conflict persists and tensions escalate, further losses are expected.

Indices' Movement

The movements of the US indices were as follows:

The Dow Jones opened down 1.53% and continued its decline, reaching levels of $46,288.

After breaking through current support levels, the index is expected to continue its downward trend in the short and medium term.

The Nasdaq opened down 1.11% and continued its decline, reaching levels of $23,973.

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 1.21%, and the US index continued its decline, reaching levels around $6,577 in an attempt to test the support levels from which it had previously rebounded.