Wall Street Indices Open Mixed
US indices opened lower on Thursday, with the Dow Jones Industrial Average leading the decline among Wall Street's major indices.
The US indices saw some gains following the ceasefire agreement between the United States and Iran, but the market remains influenced by the situation in the Middle East and ongoing geopolitical tensions.
Indices' Movement
The movements of the US indices were as follows:
The Dow Jones opened down 0.10% and continued its decline, reaching levels around $47,960.
The index is expected to continue its upward trend, targeting the upper supply levels around $48,409.
The Nasdaq opened up 0.46% and continued its rise throughout the day, reaching levels around $25,196.
The index reached strong selling pressure, so we may see a renewed decline targeting the $23,155 level.
The S&P 500 opened 0.30% higher, and the US index continued its upward trend, reaching $6,845.
The index broke through selling pressure after the ceasefire agreement, which fueled its recent rise. It is expected to continue its upward trajectory, potentially reaching $6,874.
