Major US stock indices trade to new session lows
<p>The major US stock indices are now all in negative territory as London/European traders look to exit for the day. </p><ul><li>The NASDAQ index is leading the way once again. The last 2 days has seen the NASDAQ index fall by around 1.1% on each of the trading days. The current price for the index is down around -0.50%. For the week the index is down -1.69%. From its most recent high, the index has fallen -7.26% (to session lows today)</li><li>The S&P index is trading down -0.15% and trades to the lowest level since July 10. For its trading week the index is currently down -1.44%. The S&P index is down -4.56% from its recent high on July 27.</li><li>The Dow industrial average is down 50 points or -0.14%. For the trading week, the index down -1.58% which is the largest weekly decline since July 3. From its most recent high on August 1, the index is down -2.75%.</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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