Stocks pare losses. S&P is back above 200 day MA. - ConsultFX

Stocks pare losses. S&P is back above 200 day MA.

Major indices still in the red The major indices are recovering some ground after the sharp declines at the opening.  The S&P index is trading at 2597 (the high correction price reached 2602). That takes the price back above the 200 day MA at 2591 today. The low for the day reached 2573.61. It is still lower