US stocks erase earlier losses. End up on the day.
S&P index of 0.48%. The NASDAQ up 0.38%.
The US equity markets open the day lower and looked on the verge of breaking below 50% retracement support on the S&P but held and is ending the day higher by 0.48% (see chart below). The index is not completely out of the woods, however, as the 100 day MA at the 2029.88 level and the 2021 level needs to be broken.
Below is a look at how some of the major equity indices ended the day.
WTI is up 1.745%,. Crude fell below $35 today before rebounding.
2 year yield 0.945%, plus +6 BP
5year yield, 1.651%, +10 BP
10 year yield 2.221%, +10 BP
30 year yield 2.953%, +8 BP