Where indexes stand as trade resumes
Chris McKhann | firstname.lastname@example.org
As the markets return from their two-day closure, the S&P 500 is facing support just above the key 1400 level.
The SPX closed last Friday at 1411.94, down 1.03 points. It fell from the day's high going into the bell but finished well above the session low of 1403.28. Support remains at 1407 and resistance at 1440.
The Nasdaq 100 was higher by 8.18 points on Friday, closing at 2665.83. It followed a similar intraday pattern as the S&P 500 but held more of the gains into the bell. Support is at 2650 and resistance at 2715.
The Russell 2000 was down 3.57 points to finish at 813.25. Unlike the other two indexes, it reached its session high right after the open and was unable to recoup the subsequent losses. Support is at 807 and resistance at 846.
The CBOE Volatility Index also closed lower. It was down 0.31 points, or 1.71 percent to 17.81, climbing off its low into the close. It was above 18 for much of the day.
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