Technical analyst: 6665 points, key level for the S&P 500 to stop falling

According to the Securities Times APP, recently, the US stock market has experienced severe volatility, with traders studying technical charts to find clues as to where the latest round of selling may stop. Due to doubts in the market about whether the billions of dollars in artificial intelligence investments will bring returns, coupled with stock valuations still being too high, the S&P 500 index fell to 6720 points on Thursday, hitting a two-week low. Technical analysts say that, at current levels, the 50-day moving average at 6665 points will be an important support level.