Major US stock indices of continuing in their tumble with the NASDAQ leading the declines.
A snapshot of the market currently shows:
The small-cap Russell 2000 is down -1.02%.
The NASDAQ index is moving away from it’s 200-hour moving average of 19639.85 after breaking below earlier today retracing back to the moving average level and finding willing sellers (green line on the chart below).
Nvidia shares are currently down -5.93%
The US 10 year yield has reached a high of 4.699%. It is currently trading just below that at 4.687%. That is up from it September low of 4.60%. The next target comes at the April 25 high yield of 4.74%.
Risk sentiment is also being reflected in the price of bitcoin. It is currently down $6000 or -5.88% and $96,279
Meanwhile, crude oil is moving higher . The price is settling at $74.25, up $0.69 or 0.94%.
Despite a rise in the US dollar, the price of gold is also higher asrisk to safety flows seem to dominate. The price is up $11.62 or 0.44% at $2647.80.
cnbctv18-forexlive
Jan 10, 2025, 11:03 AM ETThe Securities and Exchange Commission says it has settled charges…
WASHINGTON — The fate of a law that would likely ban social media platform TikTok…
Look at their faces — formal, etched with experience, laden with the weight of momentous…
Topline Thousands of structures have been leveled by the wildfires that continue to burn across…
The National Football League announced Friday the Jets will play an international game in London…
The Browns are traveling across the pond in 2025 to London. The NFL announced the…