US major indices close lower. The Nasdaq gives back the gains from yesterday

  
Analysis, US Market

The major US stock indices closed lower on the day with the Nasdaq stocks leading the way lower. For that index, it nearly gave back all its 219 point gain from yesterday (it fell -214 points today). The Dow and the S&P also closed in the red (and the Russell 2000 as well).

The final numbers are showing:

  • Dow fell -96.71 points or -0.29% at 33794.65
  • S&P fell -23.03 points or -0.53% at 4363.50
  •  Nasdaq  fell -214.06 points or -1.56% at 13517.95
  • Russell 2000 fell -26.46 points or -1.29% at 2032.41

Both the S&P and Nasdaq found sellers against their respective 200 hour MAs at their session highs today – keeping the sellers in control.

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