S&P 500 Near Critical Support Level; Breakdown Could Signal Further Losses
The S&P 500 closed near its 50-day moving average on Thursday, with a break below this level potentially signaling further losses. The Nasdaq Composite and Nasdaq-100 have already fallen beneath their respective averages, marking four consecutive days of declines for both indices.
Topics: moving averages Nasdaq Composite S&P 500 stock market trends