Market Overview
U.S. stocks had a mixed day: $Dow Jones Industrial Average (.DJI.US)$ fell to a three-week low, while $Nasdaq Composite Index (.IXIC.US)$ hit new record highs. $NVIDIA (NVDA.US)$ soared over 7%, marking a three-day streak of record highs and a 20% gain since its earnings report. $Tesla (TSLA.US)$ dropped over 1%, being the only one of the "Big Seven" tech stocks to decline, and $GameStop (GME.US)$ surged 25% after initially spiking 40%.
U.S. Treasury auctions were weak, leading to a drop in bond prices. The 10-year Treasury yield jumped 10 basis points, and the 2-year yield approached 5.0%, hitting a near four-week high. The dollar index hit a one-week low intraday before erasing its losses. Bitcoin dropped over $2,000, falling below the $68,000 mark.
Oil and metals prices rose. U.S. oil climbed over 3% intraday, reversing a four-day losing streak, while Brent crude extended its two-day rally to a monthly high. Gold futures closed higher for the first time in five days, moving away from a two-week low. London aluminum rose over 2% to a near two-year high, and London copper, tin, and lead ended a four-day losing streak, each gaining nearly 2%.
$U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Crude Oil Futures(NOV4) (CLmain.US)$ $Crypto (LIST20010.US)$ $Crypto Spot ETF (LIST21030.US)$ $Crypto Futures ETF (LIST21046.HK)$ $Coinbase (COIN.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment