The major US stock indices remain mixed. The Dow industrial average is largely impacted by United health which is down $122 or -21% at $462. That has the Dow industrial average down 577 points or -1.46%.
Meanwhile the broader indices are giving up their early gains.
- NASDAQ index is now down -37 points or -0.24%. At session highs the index is up 95 points.
- S&P index is trading unchanged at 5277. At session highs the index was up 32.56 points
Nvidia continues to be under pressure and is down -3.5% at $100.81. Matter is down -0.31% and Microsoft is down -0.36%.
Although the markets seem pressured, the NASDAQ index did reach a low of 14784.03 back on April 7. The current price is 16250. The S&P index reached a low of 4835.04. The current price is trading at 5275.
This article was written by Greg Michalowski at www.forexlive.com.