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S&P 500 Undercuts Key Level; Meta Platforms, Uber, Shopify In Focus

S&P 500 Undercuts Key Level; Meta Platforms, Uber, Shopify In Focus

Treasury yields continue to pressure stocks.

Stock Market Today With IBD · Investor's Business Daily

September 6, 202312m 37s

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Show Notes

The S&P 500 and Nasdaq undercut their 50-day moving averages, at least intraday, following stronger-than-expected economic data. A close below the low of the Aug. 29 follow-through day would be bearish. But for now, Meta, Uber and Shopify appear to be setting up.

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