Dow and Nasdaq looks for its 9th positive day in a row

The major indices are higher as trading kicks off in the US. At stake today is the 8 day win streak for the Dow and Nasdaq indexA snapshot of the market currently shows:Dow Industrial Average up 60.63 points or 0.16% at 37366.66.S&P up 8.14 points or 0.17% at 4748.71Nasdaq is up 41.38 points or 0.28% at 14946.20The "Magnificent 7" are trading mixed in early trading:Tesla (TSLA): $255.02, up $2.94, an increase of 1.17%.Meta Platforms (META): $348.57, up $3.95, an increase of 1.15%.Alphabet (GOOGL): $137.23, up $1.43, an increase of 1.05%.Apple (AAPL): $196.33, up $0.53, an increase of 0.27%.Amazon (AMZN): $153.83, down $0.18, a decrease of 0.12%.Microsoft (MSFT): $371.57, down $1.08, a decrease of 0.29%.Nvidia (NVDA): $493.42, down $7.35, a decrease of 1.47%.US yields are lower helping the trend:2 year 4.44%, -0.9 basis points5 year 3.927%, -2.3 basis points10 year 3.918%, -3.8 basis points30-year 4.032%, -3.7 basis pointsIn other markets, Crude oil is up $0.65 at $73.45Gold is up $8.06 or 0.40% at $2035.15Bitcoin is trading at $42,632 This article was written by Greg Michalowski at www.forexlive.com.

Dec 19, 2023 - 21:20
0
Dow and Nasdaq looks for its 9th positive day in a row

The major indices are higher as trading kicks off in the US. At stake today is the 8 day win streak for the Dow and Nasdaq index

A snapshot of the market currently shows:

  • Dow Industrial Average up 60.63 points or 0.16% at 37366.66.
  • S&P up 8.14 points or 0.17% at 4748.71
  • Nasdaq is up 41.38 points or 0.28% at 14946.20

The "Magnificent 7" are trading mixed in early trading:

  1. Tesla (TSLA): $255.02, up $2.94, an increase of 1.17%.
  2. Meta Platforms (META): $348.57, up $3.95, an increase of 1.15%.
  3. Alphabet (GOOGL): $137.23, up $1.43, an increase of 1.05%.
  4. Apple (AAPL): $196.33, up $0.53, an increase of 0.27%.
  5. Amazon (AMZN): $153.83, down $0.18, a decrease of 0.12%.
  6. Microsoft (MSFT): $371.57, down $1.08, a decrease of 0.29%.
  7. Nvidia (NVDA): $493.42, down $7.35, a decrease of 1.47%.

US yields are lower helping the trend:

  • 2 year 4.44%, -0.9 basis points
  • 5 year 3.927%, -2.3 basis points
  • 10 year 3.918%, -3.8 basis points
  • 30-year 4.032%, -3.7 basis points

In other markets,

  • Crude oil is up $0.65 at $73.45
  • Gold is up $8.06 or 0.40% at $2035.15
  • Bitcoin is trading at $42,632
This article was written by Greg Michalowski at www.forexlive.com.
Read More