By: Benzinga
Mid-Afternoon Market Update: Markets Remain in the Red, DryShips Posts Strong Rally
Toward the end of trading Thursday, the Dow traded down 0.54 percent to 14,433.96 while the NASDAQ dropped 0.89 percent to 3,225.34. The S&P also fell, dropping 0.68 percent to 1,548.83. Index Technicals: The S&P 500 seems to be stalling at 1,562 before heading lower this morning, with support set at 1,550,
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