S&P and Dow closed at record levels on Friday
After the Dow and S&P closed at record levels on Friday, the indices across the board are trading lower in early New York trading.
A snapshot of the market currently shows:
- Dow down -227 points or -0.64% at 35288.
- S&P index -20 points or -0.45% 4447.83
- NASDAQ index -58.66 points or -0.40% at 14763
A look at the forex market shows the JPY and the CHF extending their gains in early New York trading as flows into the safety of those currencies dominates. The CAD (lower oil) and AUD and NZD are seeing risk off flows and concerned about slower China growth, weighing on those currencies.
This article was originally published by Forexlive.com. Read the original article here.