Today's fall on stocks makes Wednesday and Thursday the worst two day sell off since March, and it is probably just the beginning.
S&P and Dow Jones indices shed around 1.3% on the day. Technology and entertainment where the most affected sectors with Disney among the stocks hurting the most and Apple barely holding in the $112 per share unable to make a substantial advance after it broke its ascending trend two weeks ago.
Yesterday Britain's FTSE broke below a multi year trendline.
On currencies, the Euro is the strongest among the majors, believe it or not, and the dollar remains soft as Fed minutes released yesterday revealed members see the US economy is far from rosy and inflation continues to be subdued.
Oil finally found some support and WTI advanced against the otherwise weak dollar by 2.14% reaching $41.7 a barrel.
Take a look at the latest forex news, all the technical analysis for the main currency pairs, keep a constant eye on the market through our 24/7 real time forex multi chart screen featuring the main currency pairs, SPX and Gold or check the online Forex calendar for scheduled risk events.
S&P and Dow Jones indices shed around 1.3% on the day. Technology and entertainment where the most affected sectors with Disney among the stocks hurting the most and Apple barely holding in the $112 per share unable to make a substantial advance after it broke its ascending trend two weeks ago.
Yesterday Britain's FTSE broke below a multi year trendline.
On currencies, the Euro is the strongest among the majors, believe it or not, and the dollar remains soft as Fed minutes released yesterday revealed members see the US economy is far from rosy and inflation continues to be subdued.
Oil finally found some support and WTI advanced against the otherwise weak dollar by 2.14% reaching $41.7 a barrel.
Take a look at the latest forex news, all the technical analysis for the main currency pairs, keep a constant eye on the market through our 24/7 real time forex multi chart screen featuring the main currency pairs, SPX and Gold or check the online Forex calendar for scheduled risk events.
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