Major Indices bags back some of its losses from the past two days decline
This day’s trading has allowed major indices to recover some grounds amidst fluctuating market. Losses from the morning were instantly reversed and recovered, even gaining more, before session close. Commodities are also slightly gaining aside from Gold which continues to slip.
The Dow Jones Industrial Average, S&P 500 index and NASDAQ Composite are all dipping in the red on before recovering losses and then gaining some in the late afternoon rally. They managed to break the 2-day negative session streak.
Here’s the precise data for your reference, as well as other key movement on the market:
• The Dow Jones Industrial Average gained 199.42points or 0.62%, closing at 32,619.
• S&P 500 Index rose by 20.38 points or 0.52% despite losing almost 1% midday, and finished at 3,910.
• NASDAQ gained the least amongst the three, increasing by 15.79 points or 0.12%, ending with 12,978.
• The 10th- year Treasury Note ended flat.
• 30th year Treasury Bond yield up by 0.86%.
• Gold slipped down by 0.05% and now at 1,724.30.
• Silver stepped up by 0.63% closing at 25.20.
• Crude Oil managed to gain 1.13% and currently 59.22.
• Stoxx Europe 600 tripped down a bit about 0.31 points or 0.073% ending with 423.08.
• MSCI Asia Pacific dropped 0.05% to 202.11.
Bitcoin falling back from its high peak 4 days ago and is currently stabilizing. While many still do not accept Bitcoin as a payment method due to its volatility, Tesla CEO Elon Musk announced that their cars would accept payment via cryptocurrency under strict conditions. This manoeuvre is part of the company’s goal to acquire as much as possible original cryptocurrency.
These 5 main cryptocurrencies below are the ones to look out for if you’re interested in joining the crypto market. Prices recorded at 12mn of March 26:
• Bitcoin (BTC) – $52,731.598
• Etherium (ETH) – $1,631.286
• Ripple (XPR) – $0.539
• Bitcoin Cash (BCH) – $481.045
• LiteCoin (LTC) – $176.104
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