Wall Street Indices Open Lower on Monday
US indices opened lower on Monday, with the Dow Jones experiencing the most significant movement among the major Wall Street indices.
Index Movements
The movements of the US indices were as follows:
The Dow Jones opened down 0.71% and continued to decline, reaching the 51,399 level.
The index is still expected to rise in the long term; therefore, any correction presents a good opportunity to look for buying positions.
The Nasdaq opened down 0.66% and continued its decline today, reaching the 30,252 level.
The index is moving sideways, so the price is expected to respect supply and demand zones should it reach them.
The S&P opened down 0.52% and continued to decline, reaching the 7,694 level.
The index broke through selling zones and established strong buying zones; the overall trend remains positive, and the index is expected to continue rising in the long term.
