Weak Movements for Wall Street Indices Amid Investor Concerns
US indices opened trading on Thursday with very weak gains, with the Dow Jones Industrial Average leading the way among Wall Street's major indices.
This rise comes after a rebound from previously identified buying zones, which had begun to push the indices higher again, as anticipated.
Indices' Movements
Concerns continue to influence the indices' movements, and the opening of the US indices was as follows:
The Dow Jones opened up by 0.32%, and continued its upward trend, reaching levels of 50,441.
The outlook remains positive for the Dow Jones in the long term.
The Nasdaq opened up by 0.26%, and the index climbed to levels of 25,339.
The Nasdaq continues to trade sideways, and a long-term upward trend is expected.
The S&P 500 opened 0.34% higher and continued its upward trend, reaching levels of $6972.
The current movement suggests some corrections that may precede a renewed upward move in the long term. Therefore, buying is recommended if the index dips to the previously identified buying zones.
