Sunday , 3 November 2024
Home Forex The major US indices are trading lower to start Friday. S&P & NASDAQ are higher this week
Forex

The major US indices are trading lower to start Friday. S&P & NASDAQ are higher this week

The US stock markets are open and trading, and the major indices are lower led by the Dow industrial average. For the trading week both the S&P and NASDAQ index are higher as they extended to all-time highs this week. The Dow industrial average is not higher today nor for the trading week.

A snapshot of the market currently shows:

  • Dow Industrial Average average -205 points or -0.53% at 38444
  • S&P index -13.72 points are -0.25% at 5419.88
  • NASDAQ index -7.99 points are -0.05% at 17660.

For the trading week, the NASDAQ index is a leading the way with a solid 3% gain currently:

  • Dow Industrial Average average -0.98%
  • S&P index +1.34%
  • NASDAQ index +3.07%

Apple is the star performer this week with a gain of 8.55% as they are worldwide developers conference impressed the market concerning its AI plans within its product mix.

Nvidia shares are also enjoying an 8% gain for the week.

Microsoft shares are up 4.06%. Apple and Microsoft are battling for the largest capitalized stock with both valued near $3.28 trillion.

In the US debt market, the yields are lower with the longer end leading the way lower:

  • 2-year yield 4.687%, -0.1 basis points
  • 5-year yield 4.224%, -1.1 basis point
  • 10 year yield 4.213%, -2.7 basis points
  • 30-year yield 4.347%, -5.3 basis points

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Harris odds jump further after influential Iowa poll shows her with a shocking lead

Earlier I wrote a post highlighting why Presidential betting odds have tightened.Well,...

Three reasons why US presidential odds have tightened

Here the latest odds on betting sites for the Presidential election:PredictIt -...

Crude oil price forecast

Crude oil price outlook: key levels to watch amid bearish controlIf you’re...

The technical levels in play for the trading week for the major currency pairs.

EURUSD: GBPUSD:USDJPY:USDCHF:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.