Learn the trade here. Make it on tradeMONSTER™

Options Trading News

September 26, 2012  Wed 12:14 AM CT

Late-day selloff pushes indexes lower

Evan McDaniel | 

SPX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes closed lower yesterday after a late-session selloff as rioting in Spain renewed concern over that country's bailout plans.

The S&P 500 fell 15.30 points, or 1.05 percent, to finish the day at 1441.59. The Nasdaq 100 dropped 39.45 points, or 1.39 percent, to 2804.53.

The Russell 2000 saw the steepest decline. The small-cap index lost 12.64 points, or 1.48 percent, to close at 839.12.

S&P 500
Resistance is now 1442, followed by 1445.50, 1450, and 1455.73.
Support is now 1440, followed by 1438.80, 1435, and 1430.
Nasdaq 100
Resistance is now 2808.26, followed by 2815.53, 2820, and 2834.18.
Support is now 2804.13 (yesterday's low), followed by 2800, 2795, and 2790.
Russell 2000
Resistance is now 840, followed by 843.50, 845, and 847.90.
Support is now 838.96 (yesterday's low), followed by 835, 833.22, and 830.


Related Stories

SPX

Futures are lower as caution reigns

May 24, 2013

S&P 500 futures are down modestly after losses of half a percent to a full percentage point in Europe. Asian markets were mixed overnight, though Shanghai and Tokyo rebounded from yesterday's declines.

SPX

Global selloff hits equity indexes

May 23, 2013

S&P 500 futures are down almost 1 percent, while European indexes are lower by about 2 percent. The real declines came in Asia, where Japan's Nikkei plunged 7 percent and Hong Kong shed 2.5 percent.

SPX

Stocks keep climbing before Bernanke

May 22, 2013

S&P 500 futures are up about one-tenth of a percent ahead of the Fed chairman's appearance before Congress. Most European indexes are modestly lower but have been climbing in the last hour.

SPX

Bernanke fears weigh on sentiment

May 21, 2013

Now that employment, housing, and the global economy have improved, investors are growing nervous that the central bank will become less accommodative.

SPX

Corporate earnings lead the calendar

May 21, 2013

Corporate earnings are the main item on today's agenda as retailers Home Depot, Best Buy, Saks, and TJX report quarterly results.

Premium Services

Free Webinars

Recording

Pete Najarian: Is this the market correction?

View archived webinars »

Education & Strategy

Trading vs. risk management

by Chris McKhann, May 8, 2013

optionMONSTER Weekly Education Newsletter

View more education articles »

DRJ's Blog

Friday, May. 24, 2013

New @teentraders Video on $GLD $SLV $GDX with @tristengetty

optionMONSTER stockMONSTER tradeMONSTER