US Wall Street Indices See Weak Gains at the Start of Thursday's Trading
US indices opened trading on Thursday with very weak movements, with the Dow Jones Industrial Average leading the gains.
Indice Movement
The movements of the US indices were as follows:
The Dow Jones opened with a 0.80% gain and continued its upward trend, reaching $50,175.
The index has already reached strong selling levels, as previously indicated. We may see some corrective declines if any selling signals emerge.
The Nasdaq opened with a 0.04% gain and continued its upward movement, reaching $29,584.
The index managed to break through the selling levels and continue its decline. So far, the movement is positive, so it is not advisable to look for any selling opportunities.
The S&P 500 opened 0.30% higher, continuing its upward trend to reach $7476.
The index broke through selling pressure and established strong buying levels. The index's movement remains positive, and further gains are expected in the long term.
