US Market Outlook: Dow Jones, S&P 500, NASDAQ Composite close on a mixed note amid volatile intraday swings
The Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite indices witnessed a volatile session on Tuesday. The indices opened the day with a wide gap-down but then bounced back during the day. The Dow Jones managed to recover all the loss and closed the day higher by 0.44 per cent. The S&P 500 and the NASDAQ Composite on the other hand were down 0.16 per cent and 0.46 per cent respectively.
Dow Jones (46,277.30)
The price action on Tuesday indicates that the Dow has failed to get a strong follow-through rise above 46,500. Intraday support will now be at 46,170. Break below it can take the index down to 46,000 during the day initially. A further break below 46,000 can then drag it down to 45,500-45,400 again.
Resistance for the day will be at 46,400. The Dow has to breach this hurdle in order to go up towards 45,600 and higher.
Supports: 46,170, 46,000
Resistances: 46,400, 46,600
S&P 500 (6,644.30)
The resistance at 6,680 continues to cap the upside very well. The S&P 500 index touched a high of 6,680.70 on Tuesday and has come down from there.
As long as the index stays below 6,680, the bias will continue to remain negative. Support is around 6,630. A break below it can take the S&P 500 index down to 6,600-6,590 initially and then to 6,550 eventually.
A strong rise above 6,680 is needed to become bullish for a rise to 6,700-6,720.
Supports: 6,630, 6,600
Resistances: 6,680, 6,700
NASDAQ Composite (22,523.07)
The NASDAQ Composite index has resistance in the 22,700-22,730 region which continues to cap the upside well. Support is in the 22,450-22,400 region. The index has to sustain above this support in order to move up towards 22,700-22,800.
A break below 22,400 will be bearish for a fall to 22,100-22,000 and even lower.
Supports: 22,400, 22,100
Resistances: 22,730, 22,800
Published on October 15, 2025