While the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the April high
Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.03% US ...After the strong move higher from late April, some short-term weakness or consolidation would not be surprising. Previous highs at 39,287 could provide some support, while below this lies the 50-day simple moving average.
Nonetheless the medium-term bullish view is still present, with the March high at 2140 now coming into view. Further gains target 2220, an intermediate high from January 2022.
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