Silver as an investment

Stock Market: Uncertainty ahead of Fed decision and economic data announcements / By Paul Rejczak / 7:05 AM

The main U.S. stock market indexes were mixed yesterday, with technology stocks relatively stronger, as the Nasdaq Composite index gained 0.5%, reaching a new high of 3,629.12 (however, still well below the peak of 5,132.52 reached back in 2000). The broad market S&P500 index extends its short-term consolidation now, fluctuating just below the July 23 all-time high of 1,698.78. The nearest resistance level is at around 1,700 and the support level is at 1,675-1,680, marked by the recent local bottoms, as we can see on the daily chart: