S&P 500 breaks the January low and erases all gains since the election
globalreutersMarch 4, 20251 Mins read It’s a flight to safety at the moment and it’s accelerating. US two-year yields are down 10 bps to 3.87% as market participants look for somewhere to avoid losing money.
Technically, the picture is darkening in the S&P 500 with the January low breaking and all the gains since the election now gone.
The index is down 1.4% with the Nasdaq down 1.3% and the Russell 2000 down 1.6%.
This article was written by Adam Button at www.forexlive.com.
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