Dow, S&P, NASDAQ have broken records for two days in a row
Major indices open to lower levels and in the event of declines, a five-day winning streak is at stake. On Friday, three indices closed at a record level. Yesterday, all three also closed at a record level. This string is also at risk.
The market overview currently shows:
- The S&P index falls by -22 points to -0.5% to 4399.91
- The NASDAQ index has fallen from 55.2 to 0.37% at 14784
- Dow’s industrial average trading fell -180 points or -0.47% at 34,977
Looking at the forex market, JPY remains the strongest of the major companies and NZD remains the weakest. In previous North American trading, the USD has fallen.
- Spot gold is traded at $ 6.27, or 0.35%, at $ 1,803.34.
- Spot silver will fall by $ 25.10 by eight cents, or -0.34%
- WTI crude oil futures prices fell $ 0.27 or -0.38% to $ 71.91
At 10 a.m., consumer confidence will be released in July (estimated at 123.9 versus 127.3 last month) with the Richmond Fed Aggregate Index (estimated at 20 versus 22 last month).
US yields are lower, with the 10-year yield decline now at 3.7 basis points. This seems to be helping the dollar to move in the negative.
Apple, Alphabet and Microsoft will release all of their profits after closing.