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It was a lower opening for the US stock markets this afternoon and the early moves were led down by the Nasdaq 100. The index had closed last night at 18,014. It reopened today at 17,926. It initially traded to at 17,864. It was just now trying to rebound slightly, but it appears to be impacted by those higher US treasury yields in early trading. The price action right now is not far above its 21 day moving average. That is in place at 17,962. The Nasdaq 100 has in fact just now dipped below that level, with a fresh session low at 17,854
Earlier this morning, as noted here at the time, the FTSE 100 was pushing up towards the all time record high it set on Friday. That was at 8,533.42...
Earlier today the GBP/USD pushed higher and recovered back above the 1.22 handle. The Pound had closed in the US on Friday at 1.2169 and had reopened...
As mentioned earlier this morning, the US stock markets will not be open later today due to the Martin Luther King Day holiday. The broader US market...
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