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Trading News

July 24, 2012  Tue 12:14 AM CT

SPX: SEE CHART GET CHAIN
U.S. equity indexes closed lower yesterday on renewed Eurozone concerns, but only after significantly paring back steep losses from the morning.

The S&P 500 finished the day down 12.14 points, or 0.89 percent, at 1350.52. That was well off its session low of 1337.56, reached shortly after the open.

The Nasdaq 100 settled at 2589.93, a loss of 28.11 points, or 1.07 percent, after rebounding from its low of 2549.96. Much of index's resurgence can be attributed to strength in shares of Google and Apple, which saw early selling but were met with convicted buying into the close.

The Russell 2000 shed 12.64 points, or 1.6 percent, to close under Friday's support level of 790 at 778.90.

S&P 500
Resistance is now 1351.22, followed by 1354.24, 1356.89, and 1362.49.
Support is now 1350, followed by 1348.55, 1344, and 1337.56 (yesterday's low).
Nasdaq 100
Resistance is now 2594.15, followed by 2598.10, 2605, and 2618.20.
Support is now 2588, followed by followed by 2580, 2573.50, and 2560.
Russell 2000
Resistance is now 779, followed by 780, 784.09, and 788.22.
Support is now 778, followed by 776.66, 774.73 (yesterday's low), and 772.


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