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Synergy Capital AM: S&P 500 and the Dow dropped as Nasdaq remained strong at 11,000 range

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S&P 500 has not able to break its highest record yet for the second time this week even though reports about U.S. weekly jobless claims fell to 963,000 which was initially expected to have at least 1.1 million.

Gold Index finally bounces back after almost a week of wild swings. Treasuries advanced at the end of the day after the government has successfully sold a record amount of 30-year bonds. Crude oils on the other side quite slid a bit while currencies ended up mix.

Here are the main movements on the Global Stock Market;


– The Dow Jones Industrial Average dipped with 80.12 points or 0.3% down to 27,896.72.
– S&P 500 dropped around 6.95 points or 0.21% to 3,373.40.
– Nasdaq Composite advanced 30.26 points or 0.27% increased to 11,042.50.
– The MSCI All-Country World Index decreased 0.1% to 570.50.


– The yield on the benchmark 10-year Treasury note gained a bit with one basis point to 0.684%.
– The yield on the 30-year Treasury bond ended up higher at 1.368%.
– Germany’s 10-year yield is up by four basis points to -0.41%, the highest in six weeks.
– Britain’s 10-year yield advanced with one basis point to 0.243%, the highest in two months.


– Gold finally broke out from losses and gained a bit with 30.34 points higher or 1.55% to $1,951.49 an ounce.
– Silver is also up by 1.71 points or 6.24% increased to $27.37 an ounce.
– West Texas Intermediate crude depreciated by 0.43 point or 1.01% to $42.24 per barrel.
– Brent crude is also down by 0.47 points or 1.03% to $44.96 per barrel.


– US Dollar Currency Index is down by 0.02 points or 0.03% to $93.19.
– The Japanese yen has little to no change to 106.94 per dollar, marking its weakest yet on the past three weeks.
– The euro has increased by 0.2% to $1.1809.

For now you may browse more on Synergy Capital Asset Management Limited so you may see what we can offer for your financial needs.

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