The major US stock indices are continuing their slide with
NASDAQ now down -2.10% at 19,600. S&P is down -1.40% at 5952.00Dow industrial average is down -0.98% at 42900.29The Russell 2000 is down -40 24 points or -1.85% at 2239.20
US yields have started to move back to the lower after the sharp fall in stocks.
2-year yield 4.307%, -2.4 basis points5-year 4.422%, -1.0 basis points10 year 4.582%, +0.4 basis points30 year 4.779%, +1.7 basis pointsThe NASDAQ index reached a low price of 19572.32. It 200 hour moving averages at 19488.03. In trading on December 18 and again on December 20, the price moved below that 200-hour moving average but rebounded within an hour or two. Getting and staying below that moving average would increase the bearish bias.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( US stocks extend fall. Nasdaq down over 2%. Dow down -1% )
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