Home / Forex Treiding / Broad indices (led by Nasdaq) open lower. The Dow is near unchanged after opening higher.

Broad indices (led by Nasdaq) open lower. The Dow is near unchanged after opening higher.


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Nasdaq hurt by Alphabet

The broader S&P and Nasdaq indices are lower. The Dow is now near unchanged after opening higher. 
The tech stocks are under pressure after Alphabet revenues disappointed yesterday. Its stock is down by 8.1% on trading currently. The Dow meanwhile is near unchanged in trading better (relatively).  It is helped by Pfizer and McDonalds which beat on earnings.  Apple will report after the close and is down 1.33% ahead of their results.
The indice snapshot is showing:

  • Dow, unchanged
  • S&P index -7.06 points
  • NASDAQ index -48 points

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