Major US indices retrace gains from Friday

The major US stock indices retraced their gains from Friday’s trade.

On Friday,

• Dow rose 341 points
• S&P index rose 51.13 points
• NASDAQ rose 219.37 point.

In trading today,

• Dow industrial average fell -398.51 points or -0.94% at 41954.24
• S&P index fell -55.13 points or -0.96% at 5695.94.
• NASDAQ index fell minus 2.3.95 points or -1.18% at 17923.90.

The small-cap Russell 2000 fell -19.70 points or -0.89% at 2193.09

Despite the declines, Nvidia still rose 2.29%, and Super Micro Computer’s rose 15.79%. But the balance of the magnificent seven fell sharply

• Meta Platforms (Facebook)-1.86%
• Apple, -2.25%
• Amazon, -3.02%
• Alphabet (Google), -2.44%
• Microsoft, -1.57%
• Tesla, -3.70%

This article was written by Greg Michalowski at www.forexlive.com.