US stocks end the day sharply lower on risk off flows

Technical Analysis

Investors to sell the FAANG stocks

The US stocks are ending the day sharply lower and risk on flows dominate. The FAANG +M+T  (that is Microsoft and Tesla) fell sharply. 

The final numbers are showing:

  • S&P, fell -40.36 points or -1.23% at 3235.66
  • NASDAQ index fell -244.7 points or -2.29% at 10461.42
  • Dow industrial average fell -353.51 points or -1.31% at 26652.32

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