The Market with Ozzy

Market Statistics, News, Sectors of S&P 500, Fixed Income, Economic Calendar and more…

Before the Closing Bell

Stocks finally found some support in the past hour of trading. S&P is showing support at 894.06 and resistance at 898. It is stuck in this very narrow range before the closing bell. The selling is broad-based. All the sectors of S&P 500 is now trading with losses. NASDAQ is down 53.46 points at 1774.64, Dow is at 8364.17, down 175 points.

Gold attempts another fresh-low for the day. It is last changed hands at 921.25, down 1.34%.

One one note, S&P 500 is now trading at the 50 and 200-day moving average level. Some technical analysts were expecting that downward movement. (S&P pulled back from its fresh year-highs in the past 8 days of trading.

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