US Wall Street indices decline at the start of trading on Friday
US indices opened lower on Friday, with the Dow Jones Industrial Average experiencing the largest decline among Wall Street indices.
This decline comes after a rebound from previously identified buying zones, which had begun to push the indices higher again, as expected.
Indices' movements
Tensions continue to influence the indices' movements, and the opening of the US indices was as follows:
The Dow Jones opened down 0.70%, and continued its decline, reaching levels of $49,069.
The outlook remains positive for the Dow Jones in the long term.
The Nasdaq opened down 0.68%, and the index fell to levels of $24,494.
The Nasdaq continues to trade sideways, and a long-term upward move is expected.
The S&P 500 opened 0.54% lower and continued its decline, reaching levels around $6790.
The current movement suggests some corrections that may precede a long-term rebound. Therefore, buying is recommended if the index dips to the previously identified buying zones.
