The major US stock indices are trading lower to start the last trading day of the week end of the month. A snapshot of the levels currently shows:
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Dow Jones (DJI): 42,104.40, -111.33 (-0.26%)
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S&P 500 (SPX): 5,887.38, -24.79 (-0.42%)
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Nasdaq Composite (IXIC): 19,064.80, -111.07 (-0.58%)
For the trading week, the indices are up between 1% and 2%:
- Dow Jones, +1.22%
- S&P +1.48%
- NASDAQ index +1.73%.
For the month of May:
- Dow Jones, +3.56%
- S&P +5.74%. The gain equals the gain from November 2024. Move above that level and it would be the best month since November 2023.
- NASDAQ index +9.24%. That was the best month since November 2023 when the index rose 10.7%
This article was written by Greg Michalowski at www.forexlive.com.
