Major indices rebound into the close. Large intraday declines mostly erased.

What could’ve been a horrible month for major indices is ending up mixed.

For the trading month, the:

• Dow industrial average still fell -3.18%

However, the S&P only declined by -0.77%, while the NASDAQ index rose by 0.85%.

For the trading day, the major indices staged a rally into the close. Both the Dow and the S&P closed higher but the NASDAQ index had a modest decline

The final numbers are showing:

• Dow industrial average rose 141.74 points or 0.35% at 40669.36. The intraday low took the index down -782 points before reversing.
• S&P index closed higher by 8.19 points or 0.15% at 5569.02. The intraday low was down -127.59 points.
• NASDAQ index fell by -14.98 points or -0.09% at 17446.34 . The intraday low was down -501.79 points.

Microsoft and Meta earnings after the close

This article was written by Greg Michalowski at www.forexlive.com.