Major US indices now lower on the day after giving up early gains

The major US stock indices are trading back into negative territory after giving up earlier gains. The S&P index traded above its record high closing level at 6118.71 reaching a high of 6125.39, but has since rotated and currently trades down -1 point or -0.02% at 6113.50.

The NASDAQ index is trading down -14 points or -0.07% at 20,112.23. It high price extended to 20110.11.

The Dow up 30 is trading down -148 points or -0.34% at 44396. Traders eyes 44602.02.

Shares of Meta (traded as high as $737, but as rotated sharply lower and currently trades at $718.75 down -$18. The shares of matter have risen for 20 consecutive days.

Intel shares are up 8.86% at $25.69. There were tops over the weekend that Broadcom and Taiwan Semiconductor were interested in different parts of the Intel business at the request of the Trump administration. TSMC shares are down -0.90%. Broadcom shares are down -2.99%

This article was written by Greg Michalowski at www.forexlive.com.