…and the Nasdaq is now negative on the day

…and the NASDAQ index is now negative on the day. The index is down -7.5 points or -0.05%. At session highs index was up 194.84 points.

The S&P is now down -0.45%. The Dow industrial average is down over 500 points or -1.29% at 39159. Earlier this week, the price closed at 40,003.

US rates have stopped their rise, but the momentum to the downside has not subsided. 10 year yield +4.3 basis points of 4.476%. 2-year yield +5.3 basis points at 4.931%

This article was written by Greg Michalowski at www.forexlive.com.