Anonymous ID: e77cca Sept. 3, 2020, 8:33 a.m. No.10515080   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>5109 >>5146 >>5404 >>5577

Market Report

 

Cap#5 from yesterday- a warning but this has been deteriorating for a bit.

 

Stocks dropped Thursday, as Wall Street gave back gains after capping off yet another record-setting session a day earlier. Investors eyed the Labor Departmentโ€™s weekly jobless claims report, which showed a bigger than expected improvement in new weekly claims under a newly introduced counting system. The Dow slid more than 726 points, or 2.5%, as of 11:20 a.m. ET. The broader market sold off, with the S&P 500 down 3.3% and the Nasdaq down more than 4% as big tech shares including Amazon (AMZN), Apple (AAPL), Microsoft (MSFT) and Facebook (FB) each sold off. The moves Thursday were a stark reversal from the gains seen at the beginning of this week. Each of the S&P 500 and Nasdaq ended the regular session Wednesday at their highest-ever closing levels. The broad rally lifted stocks and sectors that had been underperforming so far during the pandemic, with the utilities, materials and real estate sectors leading advances in the S&P 500 on the day. The Dow spiked above 29,000 for the first time since February and came within 500 points of its all-time record level, before sharply reversing these gains on Thursday.

https://finance.yahoo.com/news/stock-market-news-live-september-3-2020-221514074.html

https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC

https://www.kitco.com/charts/livegold.html

https://www.kitco.com/charts/livesilver.html