19 Feb 2015
US Indices close mixed post FOMC Minutes – TechTrader
FXStreet (Barcelona) - Harry Boxer of The Technical Trader, highlights the intraday performance of US indices, with S&P and Nasdaq 100 ending higher, while Dow saw a negative close.
Key Quotes
“The stock market indices had volatile, but narrowly volatile, mixed session, with the FOMC announcement today, and ended mixed on the day after a late rally.”
“The day started out with some backing and filling, and choppiness on the Nasdaq 100. The S&P 500 dipped, but when non-confirmed by the Nasdaq 100, they rallied right after the FOMC announced that the policy will continue to remain as it is now, they pulled back and tested support. When that held they rallied again, making new highs at 4393 on the Nasdaq 100, but couldn't get to 2100 on the S&P 500 twice, and then backed off just before the close, until the last five minutes when it popped again.”
“Net on the day, the Dow was down 17.73 at 18,029.85, although the low was 17, 992.20, about 47 points off the low. The S&P 500 was up .68 at 2099.66, within a point of the high, 7 points off the low and near the high. The Nasdaq 100 was up 5.57 at 4390.91, 16 points off the low and 3 points off the high.”
Key Quotes
“The stock market indices had volatile, but narrowly volatile, mixed session, with the FOMC announcement today, and ended mixed on the day after a late rally.”
“The day started out with some backing and filling, and choppiness on the Nasdaq 100. The S&P 500 dipped, but when non-confirmed by the Nasdaq 100, they rallied right after the FOMC announced that the policy will continue to remain as it is now, they pulled back and tested support. When that held they rallied again, making new highs at 4393 on the Nasdaq 100, but couldn't get to 2100 on the S&P 500 twice, and then backed off just before the close, until the last five minutes when it popped again.”
“Net on the day, the Dow was down 17.73 at 18,029.85, although the low was 17, 992.20, about 47 points off the low. The S&P 500 was up .68 at 2099.66, within a point of the high, 7 points off the low and near the high. The Nasdaq 100 was up 5.57 at 4390.91, 16 points off the low and 3 points off the high.”