The major US stock indices are opening modestly higher after two days of sharp declines. Yesterday the Dow felt -643 points, the S&P felt -90.49 points in the NASDAQ index fell -323 points. The gains today are a small fraction of of those declines.
A snapshot of the market currently shows:
- Dow industrial average up 10 points or 0.04% at 33077
- S&P index up three points or 0.07 percent at 4139.98
- NASDAQ index up 10.76 points or 0.09% at 12392.91
- Russell 2000 up a .73 points or 0.46% at 1924.48
Since peaking last week to the lows reached yesterday, the major indices have seen the following declines:
- Dow industrial average -3.72%
- S&P index has seen a -4.52%
- NASDAQ index has seen a - 6.28% decline