The Traderszone Network

Published in TZ Latest News 26 March, 2015 by The TZ Newswire Staff

Stocks Cut Much Of Day’s Loss, But Battle At 50-Day Persists

Stocks struggled Thursday as the major indexes tested their 50-day moving average lines. The Nasdaq cut an early 1% loss to 0.3%. The S&P 500 and the IBD 50 each ended off 0.2%. Volume rose on the NYSE but fell on the Nasdaq. Both major indexes opened lower and then staged positive reversals. The Nasdaq bounced off its 50-day line in a successful test, but the S&P 500 closed under its 50-day for a second straight day.

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