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Wednesday 10 February 2021: US equity markets settled with modest declines

Wednesday 10 February 2021: US equity markets settled with modest declines
Feb 9, 2021 · 4m 30s

US equity markets settled with modest declines, with the Dow and S&P500 snapping a six session winning streak - Dow slipped -10-points or -0.03% . The broader S&P500 dipped -0.11%,...

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US equity markets settled with modest declines, with the Dow and S&P500 snapping a six session winning streak - Dow slipped -10-points or -0.03% . The broader S&P500 dipped -0.11%, with Energy (down -1.52%) the worst performing primary sector after rallying over >4% in the previous session. The Nasdaq edged +0.14% higher to log its fifth consecutive record closing high (14,0007.70) and tenth of 2021. The NYSE FANG+TM index, which includes Facebook Inc (up +1.08%), Netflix Inc (+2.03%) and Tesla Inc (down -1.62%), rose to an all-time high. The small capitalisation Russell 2000 index rose +0.40% to a fresh record closing high of 2,299.00 and extending its year-to-date gain to over >16%.
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Author Morgans Financial Limited
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