Dow Jones pulled back as most stocks in the index moved lower. The pullback was led by Merck, which was down by 2.3%. Nike, which pulled back by 1.9%, was also among the biggest losers in the Dow Jones index today.
Dow Jones is moving towards the nearest support level, which is located in the 42,000 – 42,100 range. If Dow Jones declines below the 42,000 level, it will head towards the next support level at 42,500 – 41,600. On the upside, a move above the 42,400 level will push Dow Jones towards the resistance level at 42,700 – 42,800.
For a look at all of today’s economic events, check out our economic calendar.