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US Indices experience an extremely negative day – TechTrader

FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the intraday performance of US Indices, noting that Dow, S&P 500 and Nasdaq, all closed negative at the lows.

Key Quotes

“The stock market indices had an extremely negative session, gapping down at the opening, stair-stepping their way lower most of the day, consolidating most of the afternoon until late in the day, cracking to the lows for the day.”

“Net on the day, the Dow was down 332.78 at 17,662.91. The S&P 500 was down 35.27 at 2044.16. The Nasdaq 100 was down 83.91 at 4329.08. They all closed at the lows for the day.”

“Advance-declines were nearly 3 to 1 negative on the New York Stock Exchange, and 3 to 1 negative on Nasdaq. Up/down volume was 7 to 1 negative on New York, with total volume of 3.6 billion shares. Nasdaq traded over 1.87 billion shares, and had a 5 to 1 negative volume ratio.”

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