Synergy Capital AM: Stocks ended up mixed but S&P 500 kept its pace hitting another fresh new high

Written by Customer Service on . Posted in Public Companies.

Major indices closed down market mixed after concerns about Federal Reserve’s reports on a new framework that could keep interest rates lower for a longer period of time gave investors not much of positivity.
Nasdaq fell quite big after tech giants dropped. Amazon is down with 1.2% while Facebook slid 2.3%. Netflix also decreased about 3.9% but Alphabet made a few jump at 1%.
Here are the main movements in the Global Stock Market;
Stocks
– Nasdaq Composite snaps out of its passive pace and fell short losing around 39.72 points or 0.34% to 11,625.34.
– S&P 500 hits another fresh new high for the 4th time this week with 5.84 points or 0.17% increased to 3,484.57 as market ends today.
– The Dow Jones Industrial Average jumps up with 160.15 or 0.57% change to 28,492.07, deleting some of its loss from yesterday.
– The Stoxx Europe 600 Index fell 0.6% to 370.72, the biggest fall in a week.
Bonds
– The yield on 10-year Treasuries has rose about five basis points to 0.741%.
– The yield on 30-year Treasuries increased quite big around nine basis points to 1.50%.
– The yield on two-year Treasuries advances with at least one basis point to 0.16, it highest yet in about two weeks.
– Germany’s 10-year yield appreciated one basis point to -0.41%.
Commodities
– Gold fell again in today’s market session just after getting its pace back yesterday. Decreased about 22.78 points or 1.18% to $1,928.98 an ounce.
– Silver also slid around 0.34 point or 1.26% to $27.02 an ounce.
– West Texas Intermediate crude fell almost 0.9% to $43.04 per barrel.
– Brent crude dipped around 1.21% $45.09 per barrel.
Currencies
– US Dollar Currency Index has no to little change to 92.98 per dollar.
– The euro slid for almost 0.1% to $1.1819.
– The Japanese yen is down a bit with 0.6% loss to 106.61 per dollar.

For now you may browse more on Synergy Capital Asset Management Limited so you may see what we can offer for your financial needs.
For more information, visit: https://synergycapitalam.com/

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