NEW YORK (TheStreet) -- The S&P 500 open higher on Thursday’s trading session, but closed lower by 0.56% while the 10-year Treasury yield dropped to a 13-month low.
Brian Kelly, founder of Brian Kelly Capital, said it will be hard for U.S. equities to rally until the situation between Ukraine and Russia gets sorted out.
Steve Grasso, director of institutional sales at Stuart Frankel, said that over the next two to three trading sessions, investors should have a good idea of whether the S&P 500 will maintain support near 1,910 and move higher, or break support and head down to the 200-day simple moving average, near 1,860.
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