Major indices off the low levels but still down on the day
if the last hour of the day- and the week – which means buckle up your seat belt. Volatility in the last hour has been high. With the weekend approaching, it’s hard to think that we won’t get a continuation of them volatility today.
At 3 PM, a snapshot of the major indices showed:
- S&P index -41.85 points or -1.66% at 2485.05
- NASDAQ index -131.15 points or -1.75% at 7356.15
- Dow -353.26 points or -1.65% at 21060.18
Crude oil futures may also have some after settlement volatility. It is currently trading at $ 28.53 which is up $ 3.20 or 12.64%. There is supposed to be a meeting of OPEC members on Monday. That is leading to some short covering into the weekend