US shares proceed to rise. NASDAQ index 202 factors after being down -204 factors at lows

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The key US indices have continued their runs to the upside because the fears of a authorities shutdown fades, and comforting phrases from Fed Goolsbee (he’s a dove).

Trying on the main indices:

  • Dow industrial common just isn’t 512 factors or 1.21% and 42856.45.
  • S&P index is up 68.52 factors or 1.17% and 5935.56.
  • NASDAQ index is up 224 factors or 1.16% at 19595.93.

At intraday session lows:

  • Dow was down -195.95 factors
  • S&P was down -34.78 factors.
  • NASDAQ index is down -204.39 factors.

US yields stay decrease with the tenure down -6.zero foundation factors. The 2 yr is down a extra modest -2.6 foundation factors.

For the buying and selling week, yields are nonetheless larger with the 10-year yield nonetheless up 10.9 foundation factors. The two-year is up 5.zero foundation factors.

The excessive watermark for the week was up 19.three foundation factors for the 10 yr yield and 12.zero foundation factors for the 2 yr yield.

This text was written by Emma Wang at www.ubaidahsan.com.



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