Dow Jones gains while NASDAQ, S&P 500 slide. Geopolitical concerns have eased, but investors remain wary of risk. Dow Jones trend needs to break resistances at 38,105 and 38,531 to cancel the bearish bias. The Dow Jones Industrial Average is trading moderately higher on Friday with Wall Street indexes mixed on looming geopolitical concerns.
At first, the Nasdaq only provided quotations for over-the-counter stocks but later it became an exchange too. By 1991, the Nasdaq had grown to account for 46% of the entire US securities’ market. In 1998, it became the first stock exchange in the US to provide online trading. The Nasdaq also produces several indices, the most comprehensive of which is the Nasdaq Composite representing all 2,500-plus stocks on the Nasdaq, and the Nasdaq 100.