US stocks close near session lows

<p>The major US stock indices are closing mixed once again. The Dow Industrial Average eked out a small gain. The S&amp;P index and the Nasdaq index fell and closed near the lows for the day. A snapshot of the closing levels shows:</p><ul><li>Dow Industrial Average Rosa 10.13 points or 0.03% at 37440.33</li><li>S&amp;P index fell -16.1 points or -0.34% at 4688.69</li><li>Nasdaq index fell -81.92 points or -0.56% at 14510.29</li></ul><p>The Russell 2000 fell -1.4734 points or -0.08% at 1957.72.</p><p>The Nasdaq index is now down for five consecutive days. Over the last four days the index has been down -0.56%, -1.63%, -1.18%, and down another -0.56%. Not a good start for the new trading year. The S&amp;P index has been down for four consecutive days..</p><p>The Magnificent 7 did have two of the seven move higher today:</p><ul><li>Nvidia rose 0.90%</li><li>Meta-rose 0.77%</li></ul><p>On the losing side:</p><ul><li>Apple fell -1.27%</li><li>Microsoft fell -0.71%</li><li>Alphabet fell -1.82%</li><li>Amazon fell -2.62%</li><li>Tesla fell -0.22%</li></ul><p>The Nasdaq index close below its 200-hour moving average at 14957.99. That is the first close below that moving average since November 1.</p>

This article was written by Greg Michalowski at www.forexlive.com.