US Wall Street Indices Decline on Monday
US indices saw some declines at the start of trading on Monday, with the Nasdaq leading the losses.
However, the overall movement of the indices remains sideways on the daily timeframe in the short term.
Indices' Movement
The movements of the US indices were as follows:
The Dow Jones opened down 0.03% and continued its decline, reaching levels of $49,212.
The outlook remains positive for the Dow Jones in the long term.
The Nasdaq opened down 0.29% and continued its decline, reaching levels of $24,748.
The Nasdaq continues to move sideways, and an upward trend is expected in the long term.
The S&P opened down 0.06%, and the US index continued its decline to levels of $6854 in an attempt to test the demand zones from which it had previously risen.
