Market Currents
At the open: Dow +0.22% to 14487. S&P +0.26% to 1559. Nasdaq +0.27% to 3254. Treasurys:...
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Thursday, March 14, 9:31 AM ETAt the open: Dow +0.22% to 14487. S&P +0.26% to 1559. Nasdaq +0.27% to 3254.
Treasurys: 30-year -0.41%. 10-yr -0.2%. 5-yr -0.1%.
Commodities: Crude +0.04% to $92.56. Gold -0.51% to $1580.3.
Currencies: Euro -0.18% vs. dollar. Yen +0.36%. Pound -0.24%.
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This news story has 5 comments:
The amazing fact is that the index is moving a full speed when one of its two largest components is dead in the water its whole way up.
Money doesn't go anywhere. It circulates all ways. For every buyer putting money in, there is a seller taking money out. The market is just a way to value the company.
If I buy a popsicle, did my money go into the popsicle? If I buy a house, did my money go into the house?
Sorry.