US stocks open mixed. Dow hits record high

S&P and NASDAQ down. S&P closed at a record yesterday.

The US stocks are opening mixed. The Dow hits a record high at the open, but has moved into the red. The S&P and NASDAQ are lower. The S&P did close at a record high yesterday.

A snapshot of the market currently shows:

• Dow -29.32 points or -0.08% at 35452.50
• S&P index -5.56 points or -0.13% at 4442
  
• NASDAQ -20.05 points or -0.15% 14742.90
  

Morgan Stanley downgraded Micron slashing the price target from $105 to $75.  The price of MU is trading at 70.80, -$ 4.23 or - 5.64%. Disney will announce earnings after the close.

In other markets:

• Spot gold is trading down $2.31 or -0.14% at $1747.68.
  
• Spot silver is down $0.26 or -1.1% at $23.27.
  
• Crude oil is trading down $0.25 or -0.36% at $69.07
  
• Bitcoin is trading down $900 at $44,653.50

The USD is the strongest of the majors now after the PPI data. The NZD and the AUD remain the weakest.

Invest in yourself. See our forex education hub.

Subscription Confirmed!

Thank you for subscribing

Trade with Top Brokers

Must Read

Technical Analysis

Forex Orders

Central Banks

August 13, 2021 at 01:34AM

https://ift.tt/3fZA6KK