US indices open lower on Thursday

US indices opened lower on Thursday, with the Dow Jones Industrial Average leading the decline among Wall Street's major indices.

While the US indices saw some gains following the ceasefire agreement between the United States and Iran, the market remains affected by the ongoing situation in the Middle East and geopolitical tensions.

Indices' Movement

The movements of the US indices were as follows:

The Dow Jones opened down 0.36% and continued its decline, reaching levels around $47,668.

The index is expected to continue its upward trend, targeting the upper supply levels around $48,409.

The Nasdaq opened down 0.20% and continued its decline, reaching levels around $24,781.

The index reached strong selling pressure, so we may see a renewed decline targeting the $23,155 level.

The S&P 500 opened down 0.17%, and the US index continued its decline, reaching $6,752.

The index managed to break through selling pressure after the ceasefire agreement, which propelled it upwards recently. It is expected to continue its upward trend, potentially reaching $6,874.