Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Nasdaq 100/Dow Jones divergence extends after the European close
The divergence between the tech sector and the Nasdaq 100 and the Dow Jones has extended even more today. As noted, this is all about the Trump trade favouring industrials and further concern it will dent tech stocks and the Chip manufacturers. That started unfold on Monday and again yesterday and it extended the moves today. The Dow Jones has now set a new record above 41k today and Nasdaq 100 has done as expected here and fallen below 20k. In fact the Nasdaq 100 is not far off session lows right now. Meanwhile the Dow Jones has set a new all time high today, at 41,211. The low seen on the Nasdaq so far has been at 19,813. It is currently trading at 19,840
Market News
All News-
EUR/USD takes out 1.0800 again
The push above 150 in the USD/JPY this afternoon has now extended and that has seen the dollar rise to around 150.25. At the same time this has added... -
S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
-
USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
