[Video] With USD At An Inflection Point, So Are Other Markets
Matt Simpson May 6, 2021 3:49 AM
The dollar index is teasing bulls with a break above a key resistance level. And their success or failure to do so will create ripple elsewhere.
In today’s video we catch up on copper prices as it fails to keep hold of gains from its 10-year high. And we tie this into the US dollar index, and what this could mean for EUR/USD.
S&P 500: Market Internals
S&P 500: 4167.59 (0.07%), 05 May 2021
- Energy (3.3%) was the strongest sector and Utilities (-1.71%) was the weakest
- 5 out of the 11 sectors outperformed the S&P 500
- 278 (55.05%) stocks advanced and 227 (44.95%) declined
- 93.07% of stocks closed above their 200-day average
- 63.17% of stocks closed above their 20-day average
- + 7.80% - Caesars Entertainment Inc (CZR.OQ)
- + 7.59% - Devon Energy Corp (DVN.N)
- + 7.15% - Under Armour Inc (UA.N)
- -8.43% - Verisk Analytics Inc (VRSK.OQ)
- -5.59% - Amerisourcebergen Corp (ABC.N)
- -4.39% - Hilton Worldwide Holdings Inc (HLT.N)
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