In volatile up and down trading, the major indices are closing the session with mixed results.
- Dow industrial average fell -186.87 points or -0.43% at 43434.29.
- S&P index closed near unchanged. The index rose 0.92 points or 0.02% at 5956.17.
- NASDAQ index rose modestly by 48.88 points or 0.26% at 19075.26
The small-cap Russell 2000 also closed modestly higher with a gain of 4.102 points or 0.19% at 2174.18..
The big event after the close Nvidia’s earnings expectations for EPS of $0.84 a share on revenues of $38.1 billion. Shares of Nvidia closed at 131.28. Technically, Nvidia shares are trading above its 200 day moving average at $126.40, but below its 100 day moving average at $136.50.
This article was written by Greg Michalowski at www.forexlive.com.
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