Posts Tagged ‘PHLX’

Dow Jones Appears to Increase

Dow Jones appears to increase, as well as the S & P 500 due to investors' views that the fading of the Chinese action to tame growth. In addition, the technical index in the short term this seems too low.

While the Nasdaq index closed lower end the increase for eight consecutive days because most technology sector stocks suffered profit taking action. The volume of transactions recorded approximately 7.32 billion shares traded on the New York Stock Exchange, American Stock Exchange and Nasdaq. Still far below the daily average this year of as much as 8.62 billion.

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