The S&P is buying and selling to new lows and 6615.71, and in doing so is dipping just under the 200 hour shifting common at 6616.42.
Involved about US and China and now the layoffs/firings of 1000’s of federal employees. The market has been ignoring the shut down. Add issues about elevating tariffs on China items and its influence on inflation and layoffs, and that might result in decrease development if the issues aren’t solved.
The NASDAQ index is down 558 factors or 2.43% at 22463. Its low from earlier at the moment got here in at 22439.66. It 200 hour shifting common is additional decrease at 22349.22.
