Erase yesterday’s modest gains
The major US indices are ending the day lower, erasing the modest gains from yesterday:
- German DAX, -0.4%
- France’s CAC, -0.2%
- UK’s FTSE 100 -0.3%
- Spain’s ibex -0.9%
- Italy’s FTSE MIB -0.7%
in other markets as London/European traders look to exit for the day:
- Spot gold is up $4.50 or 0.23% $1794.56
- spot silver is down $0.24 or -1.04%
- WTI crude oil futures are down -1.13% at $67.58
- The price of bitcoin is down over $2100 at $46,892
In the US debt market, yields remain tied to the unchanged to plus or -1 basis point:
![Erase yesterday's modest gains_](https://az705044.vo.msecnd.net/20210826/snag_e700f29.png)
In the European debt market, the benchmark 10 year yields are also modestly changed with gains of less than one basis point across the board:
![US rates](https://az705044.vo.msecnd.net/20210826/2021-08-26_8-35-32.jpg)
In the forex, the US dollar increased in the US morning trade. The gains have been across the board with the exception of the JPY.
![European rates](https://az705044.vo.msecnd.net/20210826/2021-08-26_8-39-11.jpg)
In the US stock market, the major indices are lower. A close lower would snap 85 day win streak in the S&P and NASDAQ and a four day win streak for the Dow.
- Dow, -51 points at 35350.11
- S&P -16.5 points at 4479.65
- NASDAQ -53.19 points at 14988