Ines Ferre takes a look at what’s moving markets in the final hour of trading.
Video Transcript
– First, let’s check on the markets. See how they are wrapping up this week. And right now, it looks like the Dow just eking out a win. 0.63% up, 217 points on the day. The S&P 500 up 1.3 points. Another just eking out, barely trying to hold on this week onto a win.
Again, though, it’s the NASDAQ getting pummeled. And the NASDAQ has been the loser this month and has been the loser this week, down 132, 133 points, to close out this trading day. Do have an hour left. We’ll see if the NASDAQ can flip that around into some green. Speaking of the masters.
But let’s check in with Ines Ferre, who has a look at the YFi Interactive to dive inside some of the winners and the losers, as we wrap up this week. Hi there, Ines.
INES FERRE: But first, let’s look at the red. So you mentioned the NASDAQ. We’re watching right now the NASDAQ that’s down almost 1%. And if you take a look at a five day chart, it’s down more than 3%, 3 and 1/2%.
I do want to show you what’s happening with the US dollar, because it has been rallying today. The US dollar index, this morning topping 100 for the first time since May of 2020 around 10:00 AM. Then looking at the sector action, we are seeing that you’ve got health care that’s in the green, financials in the green. Also energy in the green. And then technology and consumer discretionary.
If I pull up a 5 day chart, you’ll see that tech was really the laggard for the week, and health care at new highs for the week. Looking at the NASDAQ 100, you’ll see on the left hand side of the screen some red there. That’s a five day chart. But for the [? interday, ?] Tesla down 2%. Nvidia, the semis, seeing a pullback.
