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Dollar and Gold Little Moved as S&P 500 and Nasdaq Collapse: A Bubble Puncture? – DailyFX
Though this past session’s volatility raises the prospect of a full shift in liquidity along with trend, seasonal restraint is still a factor – will Friday NFPs help tip the scale?
Nasdaq, S&P 500, Dollar and Gold Talking Points:
- The Nasdaq 100 suffer an incredible -5.8% drop Thursday for the biggest drop since March 16th led by tech darlings like Tesla, Amazon and Apple
- While other US and some European indices joined the slide, other risk benchmarks were more reserved in their slide
- Though this past sessions volatility raises the prospect of a full shift in liquidity along with trend, seasonal restraint is still a factor will Friday NFPs help …
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