Wall Street Indices Open with a Slight Decline
US indices opened trading on Friday
with a very slight decline, with the Dow Jones Industrial Average
being the biggest loser among Wall Street indices
at the start of trading.
The opening was as follows
Dow Jones
The Dow Jones opened down 0.29%.
The index is moving sideways with a downward bias after its recent rise.
The index fell to 40,938 today.
We may see further corrections today, but the outlook still points to
a long-term rise in the index. Therefore, we recommend looking for
buying opportunities on any pullbacks.
Nasdaq
The Nasdaq opened down 0.07%.
The Nasdaq fell to 25,391 today.
Based on current market behavior, we expect to see some declines
in the index in the short to medium term before it resumes its upward trend.
S&P 500
The S&P 500 opened 0.05% lower.
The index is currently moving sideways with a downward bias.
It has continued its decline, reaching levels of 6887.
The current downward movement is expected to continue in the near term.
However, the long-term outlook remains bullish.
The outlook remains bullish, with any correction to the index still anticipated.
