The S&P 500 Approaches Key Support Level as Stock Market Slide Continues
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The S&P 500 Approaches Key Support Level as Stock Market Slide Continues
The recent decline in the stock market has caused the Dow Jones Industrial Average to turn negative for the year, sparking concerns among investors. The focus has now shifted to the S&P 500, as it approaches a critical level of support at 4,200. Technical analyst Mark Arbeter, president of Arbeter Investments LLC, has identified this level as a crucial test for the market. The S&P 500 was down 1.2% near 4,237 on Tuesday, while the Dow Jones Indu…
·Elkader, United States
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