Wall Street indices remain weak at the start of trading
US indices opened trading on Tuesday with very weak movements, with the Dow Jones being the top performer on Wall Street on Monday.
US indices saw some gains after a ceasefire was reached to halt the war between the United States and Iran, but the market remains affected by the situation in the Middle East and geopolitical tensions.
Indices' Movement
The movements of the US indices were as follows:
The Dow Jones opened up by 0.47%, and continued its upward trend, reaching levels of $49,842.
The index has already reached strong selling levels, as previously indicated. We may see some corrective declines if any selling signals emerge.
The Nasdaq opened up by 0.01%, and continued its upward trend today, reaching levels of $26,743.
The index managed to break through the selling zones and continue its upward trend. So far, the movement is positive, so it's not advisable to look for any selling opportunities.
The S&P 500 opened 0.10% higher, and the US index continued its rise, reaching levels of $7146.
The index broke through the selling zones and established strong buying pressure. The movement remains positive, and the upward trend is expected to continue in the long term.
