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A fleeting rebound for US stocks as tech slips again- S+P ISM led rally blows out
Following on from the past few updates, noting the rebound in US stocks subsequent to the ISM data, it looks like that rebound is giving way to weakness again right now. Both the S+P 500 and Nasdaq 100 are pushing lower again right now, after what looks like just a fleeting rebound. If they cannot do better on that, then the writing might be on the Wall. The S+P 500 reopened today at 5,471. The index then dropped to around 5,460 only to rebound again on that ISM number. However, it is falling again now and setting fresh session lows underneath 5,450
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Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
