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Dow Industrial Average is leading the way to the downside. S&P now negative.

Dow Industrial Average is leading the way to the downside. S&P now negative.
The Dow industrial average is now down -268 points or -0.80% at 33238.91. The S&P index is also negative by -26.54 points are -0.62% at 4261.76. The NASDAQ index after being up 1% is now trading up only 0.11% at 13234.Leading that declines are the utility sector as rates move higher and take money away from that sector's typical attraction. Higher borrowing costs also weigh on the capital intensive industry. The 10-year yield is now up 11.6 basis points at 4.686%. The thirty-year is up 9.4 basis... Read More
Posted: Oct 2 2023, 17:02
Author Name: forexlive
Views: 082995

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