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Stocks on course to end the week lower

The fall yesterday could be in part due to both rising Treasury yields and also the geopolitical worries surrounding the Israel-Hamas conflict. Tech stocks fell the most with the Nasdaq itself down 1% but perhaps more worryingly, we are seeing a pattern of lower highs, lower lows developing there:The saving grace is that the trendline support (white line) is still a distance away, seen below 13,000 for now. But considering the more tepid mood, equities may be poised to end the week lower already... Read More

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Stocks

Course

Week

Lower

Forex

Posted: Oct 20 2023, 04:40

Author Name: forexlive

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