Stocks snapped a three-week losing streak with US major indices responding to key technical support. Levels that matter on S&P 500, Nasdaq & Dow weekly charts.
Dow Jones Short-term Technical Outlook: Stock Plunge Searches Support dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
US Indices ended the session in negative territory as better-than-expected economic data indicates that the FOMC will not back away from its aggressive tightening cycle.
Stocks are poised for a fourth consecutive weekly rally with the indices now eyeing key technical resistance. Levels that matter on S&P 500, Nasdaq & Dow weekly charts.