US equity market conditions remained for the most part uneven and unpredictable on Thursday and the S&P 500, which sold off sharply into the Wednesday closing the session under the 21-day moving average in the 4510s, bounced in early Thursday trade and now trades nearly 1.7% higher on the day at 4590.
The index has now pared its on-the-week losses to just 0.3%, though still trades some 3.5% below last week\u2019s record peaks close to 4750.
The Nasdaq 100 saw comparatively modest gains of under 1.0%, with the index bouncing from lows under 15.8K to back above 16.0K.
Short-end and real yields continued to rally, reducing the duration-sensitive tech sector\u2019s tailwinds. The index continues to trade about 4.0% below record levels printed back on 22 November.
The Dow was up more than 2.0%. The CBOE S&P 500 Volatility Index (VIX) was down nearly 4.0 points to close to 27.0, more than 5.0 points down from Wednesday\u2019s 11-month highs above 32.0.<\/p>\n","protected":false},"excerpt":{"rendered":"
US equity market conditions remained for the most part uneven and unpredictable on Thursday and the S&P 500, which sold off sharply into the Wednesday closing the session under the 21-day moving average in the 4510s, bounced in early Thursday trade and now trades nearly 1.7% higher on the day at 4590.The index has now …<\/p>\n","protected":false},"author":13,"featured_media":33381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6901,516,7442],"class_list":["post-56106","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-nasdaq","tag-sp-500","tag-us-shares"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=56106"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56106\/revisions"}],"predecessor-version":[{"id":56110,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/56106\/revisions\/56110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33381"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=56106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=56106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=56106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}