{"id":124625,"date":"2018-04-04T16:47:23","date_gmt":"2018-04-04T20:47:23","guid":{"rendered":"http:\/\/countingpips.com\/?p=124625"},"modified":"2018-06-01T15:40:55","modified_gmt":"2018-06-01T15:40:55","slug":"market-wrap-sp500-ends-up-the-day-higher-yields-remain-steady","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/04\/market-wrap-sp500-ends-up-the-day-higher-yields-remain-steady\/","title":{"rendered":"Market Wrap – SP500 ends up the day higher. Yields remain steady"},"content":{"rendered":"
April 4, 2018<\/div>
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By Taylor Wilman<\/strong><\/p>\n

In the US markets today, stocks did the opposite of what may have been expected. After a gap down opening,\u00a0the S&P 500 ended the day greater than 1% higher.\u00a0The early session sentiment was under pressure\u00a0due to Chinese retaliation tariffs on the United States being announced.<\/p>\n

Technically, the 200-day moving average and 257 level on the spy etf held their ground for a second day.<\/p>\n

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Eurodollar Futures continued on their path lower and trading right around the 97.70 level.<\/p>\n

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The US 2 year treasury yield experienced a minor bump up today. It resides near its cycle highs around 2.30.<\/div>\n
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5 year yield and the 10-year yield were virtually unchanged today at the present levels of 2.61 and 2.79, respectively. The 30-year yield rose back over the 3.00 level today after reaching a low last week around 2.97 threshold.<\/div>\n
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Crude oil and the dollar both saw a slight edge lower today with crude to the $63.52 level and the dollar index trading at 90.15.<\/div>\n
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The VIX softened with a dip of 1% to the 20.20 level.<\/div>\n
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Gold prices made a slight bump higher today while silver fell half a percent to the 16.30 level.<\/div>\n
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Market update by Taylor Wilman<\/em><\/div>\n
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By Taylor Wilman In the US markets today, stocks did the opposite of what may have been expected. After a gap down opening,\u00a0the S&P 500 ended the day greater than 1% higher.\u00a0The early session sentiment was under pressure\u00a0due to Chinese retaliation tariffs on the United States being announced. Technically, the 200-day moving average and 257 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-124625","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/124625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=124625"}],"version-history":[{"count":5,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/124625\/revisions"}],"predecessor-version":[{"id":124635,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/124625\/revisions\/124635"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=124625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=124625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=124625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}