US stock market close 29 July 2015
- S&P +15pts to 2108
- Dow +120pts to 17750
- Nasdaq +21pts to 5110
US 10 year yields 2.28% +3bp
US 10 year yields 2.28% +3bp
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DXY breaks 14-yr trendline! Gold & silver rally as dollar weakness sparks currency risk & higher yields. Watch valuations!
Lilly jumps on weight-loss drug news while Novo Nordisk plunges 18% on revenue warnings; traders eye future growth.
Bitcoin dumps below $71K, erasing $0.5T in a week. Investors shy from dips, eyeing potential bear market duration.
Private payrolls add just 22K jobs in Jan, missing estimates. Annual pay up 4.5%. Labor market shows weakness.
Bitcoin's mid-$70k price faces bear signals; ETFs are net sellers, liquidity tightens. Gold rebounds on safe-haven demand.
When bitcoin was $125k, they were buying since it was going to $1M. Where are they now?
investingLive Asia-Pacific FX news wrap: Precious metals hammered, big time
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