Traders in London/Europe are turning their attention to the exits, with the major indices all down sharply today. Closing levels show:
- German DAX, -1.57%
- CAC France, -1.4%
- British FTSE 100 below -1.82%
- Spanish ibex, -1.50%
- Italian FTSE MIB, -1.65%
As European traders look to exit, U.S. stocks are trading off record lows. However, the S&P and NASDAQ indexes are still down on this day.
- Dow Industrial Average +130 points or 0.34% to 37862.67. The low price reached 37749.78. UnitedHealth keeps the Dow rising. It is up $27 or 6.01% in today’s trading.
- S&P Index -5.95 points or -0.11% to 5057. The low price reached 5040.88.
- NASDAQ Index -16 points or -0.10% to 15869. Low reached 15824.34
The small-cap Russell 2000 index is trading down -8.74 points or -0.44% at 1966.97.
US yields are higher and near the highs of the day:
- 2 years 4.965%, +2.0 basis points
- 5 years 4.679%, +3.5 basis points
- 10 years 4.657%, +2.9 basis points
- 30 years 4.757%, +1.7 basis points
Crude oil prices are trading up eight cents or 0.11% at $85.50.
Bitcoin remains under pressure and is now trading below $62,000 to $61,942. The 38.2% retracement of the rise from the 2024 low stands at $60,314.
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