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US stocks rebound. S&P back above 200 day MA
The US stocks are recovering from their initial declines on the back of the stronger US jobs report. The S&P index is currently trading down -18.30 points or -0.45% at 4058.28. The low price reached 4026.63 (-49.95 points). The high price is up at 4063.81 (-12.77 points).
The move back to the upside has taken the price back above its 200 day moving average at 4046.23 (green line in the chart above). On Wednesday the price closed above that moving average for the first time since April 2... Read More
Posted: Dec 2 2022, 17:10
Author Name: forexlive
Views: 092129