Stock Market Today: United Airlines Hits Sell Rule, Reddit Falls 8% Even As Nasdaq, Dow Jones Rise (Live Coverage)
Investors continued to seek new buys among both growth and value sectors in the stock market today as indexes held early gains during afternoon trading Thursday. United, a true leader among cyclical stocks since September, fell more than 4% in heavy volume and tripped below both its 50-day and 10-week moving averages. Watch to see if buyers shore up United Airlines stock near the 50-day line as well as the 100 price level.