Stock Frequency Data Graphic
Markets

S&P turns negative

Can't have a good thing for long these days

The S&P index turned negative and trades at session lows as the stock day draws to a close.

The Nasdaq is still holding on to modest gains.

The Dow which has been dragged down by Disney, is down -0.62% as the final bell rings.

The S&P traded at a high of 1881.60 - up about 30 points at the peak. The low is 1850.66. The index is closing the day down -0.02% (nearly unchanged on the day).

As stocks go down, the EURUSD has moved higher and the USDJPY has moved lower.

The EURUSD turned positive on the day (close yesterday at 1.1292 is currently trading 1.1294). The USDJPY has broken below the 113.45 level (50% from July 2014 low) and a lower trend line.

In the US treasury market today:

  • 2- year note yield 0.744%, -2 BP
  • 5-year note yield 1.206%, -2 BP
  • 10 year note yield 1.771%, -4 BP
  • 30 year bond yield 2.59% -5 BP

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos