Today, one of the Wall Street’s Major Index Dow Jones Industrial Average (DJIA) traded with a positive bias and opened at 25,336.67 from its previous close of 25,316.53. DJIA continued to make some gains from its close on Friday.
However, S&P 500 (SGX) who closed with a small gain on Friday traded with flat to positive bias on today and touched at 2,781.51 from its previous close of 2,779.03. On the other hand, the NASDAQ traded with flat to negative bias and opened lowered below its previous close of 7,149.65 and set at 7,152.62.
Update: The FOMC announces their rate decision this week in hope that they may rise again.
There are so many major events this week. So, the chances of high volatility are sure. If that happens, it will definitely influence the domestic market on some scale.