Monday, January 30, 2023
Home News Foreign exchange Information No Shock. Main US Inventory Indices Open Sharply Decrease. NASDAQ Down 3% | Forexlive

Foreign exchange Information No Shock. Main US Inventory Indices Open Sharply Decrease. NASDAQ Down 3% | Forexlive

by Robert PARSONS
0 comment
forex-news-no-shock-major-us-stock-indices-open-sharply-lower.-nasdaq-down-3%-|-forexlive

Greg Michalowski - WatanNews

The key US inventory indices are – shock, shock – opening sharply decrease. The declines the draw back are led by the NASDAQ index which is down over 3%. For the reason that excessive worth reached in November 2021, the index is now down over 37%.

The S&P index is down 2.2% then buying and selling under the 3500 degree for the first time since November 2020. The worth can be under the 50% midpoint of the transfer up from the pandemic low. That degree is available in at 3505.24. The S&P index is down -27.4% from its all-time excessive.

The Dow industrial common is one of the best performer with a decline of round 500 factors. It’s down 22.4% from its all-time excessive.

A snapshot of the market 10 minutes into the open is exhibiting:

  • Dow industrial common -529.64 factors or -1.81% at 28681.22
  • S&P index -80.16 factors or -2.24% at 3496.88
  • NASDAQ index -307.34 factors or -2.95% at 10109.76
  • Russell 2000-43.67 factors or -2.59% at 1644.09

within the US debt market:

  • 2 yr yield 4.516%, +22.9 foundation factors
  • 5 yr yield 4.304% +19.1 foundation level
  • 10 yr 4.04% +14 foundation factors (highest degree since October 2008)
  • 30 yr yield 3.974% +8.7 foundation factors

in different markets:

  • Spot gold is down sharply because it reacts to increased charges and the next greenback. It’s at the moment down $-28 or -1.66% at $1645.07
  • Spot silver is down $0.45 or -2.32% at $18.54
  • Crude oil is buying and selling at $86.97 that is down $0.30 on the day
  • Bitcoin is buying and selling at $18,387. The low worth reached $18,183 which was the bottom degree going again to September 21 20 reached $18,157

ADVERTISEMENT – CONTINUE READING BELOW

You may also like

logo-white

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

u00a92022 Soledad, A Media Company – All Right Reserved. Designed and Developed by Penci Design

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy