Nasdaq Index and S&P500: SpaceX Lockup Tests AI Trade as Sandisk Bounce Fades
FX Empire·2026-08-07 01:09
The S&P 500 is trading 7715.00, down 8.55 or 0.11% at 16:00 GMT. The Nasdaq Composite is up 0.04%. The Dow is down 295.25 points or 0.54%.SpaceX Lockup Bounce Stalled at ResistanceSpaceX is trading $109.22, up $1.55 or 1.43% at 16:07 GMT. The session high is $115.75. The low is $105.11.The 6.4% intraday rebound looked good for about an hour. Buyers stepped in near the all-time low at $104.83 and the stock ran, but it stalled right at the retracement zone and came back. The lockup allows up to 20% of restric ...