Dow Jones sideways movements

Posted in Global Report

cashDJIA recovers a bit after the Tuesday drop to 6726. Note that the revovery is lower than the the drop and the net effect is a weaker trend. We are treading water at the moment.

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Dow Live Report The S&P 500 index dropped 4.49, or 0.6 percent, to 696.33, and the Nasdaq composite index fell 1.84, or 0.1 percent, to 1,321.01.

While the Dow hovers around the 1997 mark, pay attention to the 2006 mark where Dow Jones closed at 6010 on October 14, 2006.

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