\u200b\u200b\u200bMarket analysis<\/p>\n
\u200bOn Wednesday the\u00a0S&P 500<\/a> closed at a record high of 6,481.40, up 0.24%, while the\u00a0Dow Jones<\/a> and\u00a0Nasdaq 100<\/a> gained 0.32% and 0.21%, respectively.<\/p>\n \u200bNvidia\u2019s<\/a> shares<\/a> fell 3.2% after hours as its $54 billion third quarter (Q3) revenue forecast, which excludes China sales due to ongoing geopolitical risks, left investors cautious.<\/p>\n \u200bS&P 500 trades in record high<\/p>\n \u200bThe S&P 500 made yet another record high and is gunning for the 6500 region, provided it remains above the 6429 – 6417 support area on a daily chart closing basis. It consists of Tuesday’s low, the late July peak and the April to August uptrend line.<\/p>\n \u200bWere this support zone to give way, a slip to the 20 August low at 6344 may ensue.\u00a0<\/p>\n S&P 500 daily candlestick chart<\/p>\n","protected":false},"excerpt":{"rendered":"\u200b\u200b\u200bMarket analysis \u200bOn Wednesday the\u00a0S&P 500 closed at a record high of 6,481.40, up 0.24%, while the\u00a0Dow Jones…\n","protected":false},"author":2,"featured_media":103424,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,171],"class_list":["post-103423","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-au","tag-australia","tag-business","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/103423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=103423"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/103423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/103424"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=103423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=103423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=103423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}