S&P turns positive.

Technical Analysis

Author: Greg Michalowski | sp

Dow cuts losses

The S&P has turned positive after being down as much as -0.63% at the low. The index is up 0.07% at 4226.53. The low reached 4196.05.

The Dow is still down 184 points or -0.54% at 33849.50, but that is off the intraday low which took the price down -402.26 points or -1.18%

The Nasdaq is up 144 points or 1.03% at 14183.65. It's low extended to 13998.93, down -0.29% at the lows.  

  • Spot gold is down $-33 or -1.83% at $1778.32. The low reached $1767.34
  • WTI crude oil futures are off the lows but still down $0.94 or -1.3% at $71.21. The low reached $69.77 before bouncing
In the US debt market, the yields are off their lows with a flatter curve. The tenure yield moved to a low of 1.470% from a high of 1.591%. The 30 year yield was down over 15 basis points at 2.046%. It is currently at 2.109%, down -9.8 basis points. 

US yields are lower but off their lowest levels

Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose