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S&P index back into negative territory. Record close string in jeopardy

The major US stock indices are drifting back to the downside as the market moves toward the day’s close.

The move has the S&P now back in negative territory down -0.04%. That has the three day record closes in jeopardy. The NASDAQ index is still clinging to a small 0.06% gain. A close higher would be its fifth consecutive record close day.

The Dow Industrial Average averages down -0.11% at 39333 after trading as high as 39654 – with 47 points of it’s all-time record close at 40003.60.

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

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