US equity close: Reversal lower caps a negative week

Forex News FX


SPX weekly

Closing changes:

  • S&P 500 -0.5%
  • DJIA -0.5%
  • Nasdaq Comp -0.4%
  • Russell 2000 -0.2%
  • Toronto TSX Comp +0.5%

On the week:

  • S&P 500 -2.3%
  • DJIA -0.5%
  • Nasdaq Comp -2.8%
  • Russell 2000 -1.2%
  • Toronto TSX Comp -1.4%

July was a great month for stocks but August has gotten off to a slow start. The market looked like it would turn today as yields fell but that ultimately wasn't enough. US yields end the day 10-15 bps lower across the curve.

Still, this is the first substantial weekly decline since March so the bulls can't exactly complain.



Source link

error

Enjoy this blog? Please spread the word :)