US shares prolong fall. Nasdaq down over 2%. Dow down -1%
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The key US inventory indices are persevering with their slide with
- NASDAQ now down -2.10% at 19,600.
- S&P is down -1.40% at 5952.00
- Dow industrial common is down -Zero.98% at 42900.29
The Russell 2000 is down -40 24 factors or -1.85% at 2239.20
US yields have began to maneuver again to the decrease after the sharp fall in shares.
- 2-year yield four.307%, -2.four foundation factors
- 5-year four.422%, -1.Zero foundation factors
- 10 yr four.582%, +Zero.four foundation factors
- 30 yr four.779%, +1.7 foundation factors
The NASDAQ index reached a low value of 19572.32. It 200 hour transferring averages at 19488.03. In buying and selling on December 18 and once more on December 20, the worth moved beneath that 200-hour transferring common however rebounded inside an hour or two. Getting and staying beneath that transferring common would enhance the bearish bias.
This text was written by Emma Wang at www.ubaidahsan.com.
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