Month: July 2019

Nasdaq leads the way lower  The major US stock indices are going out near/at session lows.  The S&P index is disappointed that it could not remain above the 3000 level. The Dow was up 120 points at the highs.   Below are the closing levels (or close enough): The S&P index 12-18.49 points or -0.62% 2976.62.
Major indices trading near lows With the Iran seizeing ships and the US coming off a drone downing, the overall tone may have helped to soften the tone in the US stocks.  Bonds are not seeing much of a flight to safety bid and although the USD found a quick bid, it has settled back
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Reuters reports on the G7 draft summary as global finance ministers and central bankers are still meeting in Paris But risks remain tilted to the downside Most importantly, trade and geopolitical tensions have intensified ForexLive It’s similar to what major central bank communication has been recently i.e. expecting a recovery to still come through (but