Stocks Analysis by Investing.com (Damian Nowiszewski) covering: S&P 500, DAX, NASDAQ Composite. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
For less than $8 a month, InvestingPro's Fair Value tool helps you find which stocks to hold and which to dump at the click of a buttonedged up slightly by 0.25%, but futures for both indices indicate a cautious start to today’s session, with key economic reports on the horizon.report indicated that the private payrolls increased by 99,000 in August, falling short of the 144,000 forecasts and marking the weakest performance since January 2021.
Bulls face a critical test to halt the decline around the 5,470 and 5,330 points, where local demand zones exist. A drop below 5,300 could signal a retest of strong support at 5,120 points.stands out, having reached new historical highs in the ongoing bull market. It recently tested resistance around the 19,000-point mark.
If the index falls below this support level, it may open the path for further declines, targeting around 18,000 points.This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, counsel or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way.
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