Negative start to the trading week
The NASDAQ index is opening up down over 1% as concerned about big tech and the potential for less stimulus as Dems and GOP argue about impeachment.
A snapshot of the major indices currently shows:
- S&P index -28.33 points or -0.75% at 3796.92
- NASDAQ index -143 points or -1.09% at 13058
- Dow -155 points or -0.50% at 30944
In other markets as US stock trading gets underway:
- spot gold is trading down $9.80 -0.53% $1839.
- Spot silver is trading down $0.60 of -2.36% at $24.83
- WTI crude oil futures are trading down $0.56 of -1.07% at $51.68
- Bitcoin on Coinbase is now trading down $4800 at -$33,190. The low price reached $30,251.55.
In the US debt market, yields are higher on the day now (after being marginally lower at the open today).
In the forex market, the USD has solidified it’s position in the forex market as the strongest of the majors. The NZD remains the weakest.
This article was originally published by Forexlive.com. Read the original article here.