DOW JONES

12:18, 10 September

DOW JONES

DOW JONES

Yesterday the US stock markets showed a negative selling trend in risk appetite. Investors' appetite for risk remains limited due to the rapid spread of the delta variable and increased macroeconomic risks as a result of escalating asset reduction rhetoric from global central banks. Additionally, high valuation concerns and developments in the pandemic caused the VIX Fear Index to rise to 19 levels.

 

The Dow ended the day down 0.43% from 34,879 points yesterday. On the new trading day, it is trading above 35,045 level in futures indices with buyers. Positive trajectory for risk appetite can be seen above the 50-day SMA at 35,070 in the indicator.

 

  • Resistance: 35,210 – 35,275 – 35,450
  • Support: 34,780 – 34,630 – 34,325