10 Apr 2014
Nasdaq leads the downside, dollar in lows
FXStreet (Edinburgh) - The tech sector is leading the way south for the rest of the US markets on Thursday, with the Nasdaq dropping almost 3%, or around 120 pts.
The pessimism from the tech sector is spreading to the Dow (1.34%) and the S&P500 (1.74%) amidst increasing selling interest amongst investors. The greenback, gauged by the DXY, is extending the weekly decline to the vicinity of 79.40.
Markets in the Old Continent closed mostly in red on Thursday, with the exception of the FTSE100, advancing 0.10%. The IBEX35 was the worst performer, down 1.42% followed by the CAC40, 0.66% and the DAX, 0.55%. The EUR/USD is prolonging its bull run, flirting with the key barrier at 1.3900 and bolstered by the increasing weakness surrounding the USD.
In the commodities’ land, the barrel of WTI is giving away part of recent gains, falling 0.2% around $103.40. The ounce troy of gold is advancing more than 1% around $1,320.
The pessimism from the tech sector is spreading to the Dow (1.34%) and the S&P500 (1.74%) amidst increasing selling interest amongst investors. The greenback, gauged by the DXY, is extending the weekly decline to the vicinity of 79.40.
Markets in the Old Continent closed mostly in red on Thursday, with the exception of the FTSE100, advancing 0.10%. The IBEX35 was the worst performer, down 1.42% followed by the CAC40, 0.66% and the DAX, 0.55%. The EUR/USD is prolonging its bull run, flirting with the key barrier at 1.3900 and bolstered by the increasing weakness surrounding the USD.
In the commodities’ land, the barrel of WTI is giving away part of recent gains, falling 0.2% around $103.40. The ounce troy of gold is advancing more than 1% around $1,320.