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.
- 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