US broader indices give up gains and close lower on the day

Late selling into the close has pushed the broader indices lower and into negative territory. The Dow held onto small gains – but just barely – and snapped it’s 10-day losing streak.

The final numbers are showing”

• Dow Industrial Average rose 15.37 points or 0.05% at 42342.24
• S&P fell -5.09 points or -0.09% at 5867.07
• Nasdaq fell -19.92 points or -0.10% at 19372.77

The Russell 2000 fell -10.01 points or 0.45% at 2221.49

The major indices did try to make a run at erasing some of the declines. At session highs, the

• Dow was up 460.98 points
• S&P was up 63.36 points
• Nasdaq was up 230.37 points
• Russell 2000 was up 33.83 points

However, the hangover from yesterday’s hawkish Fed decision, ultimately weighed on prices

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