Market Update for Sep 9, 2019

In today's update:

1) U.S. Equity markets closed mixed after a fairly quiet low range, low volume trading session. The Dow Jones Industrial Average gained 38.05 or 0.14%, the S&P 500 fell 0.28 or 0.01% while the NASDAQ 100 closed lower by 15.64 or 0.19% and the Russell 2000 finished higher by 19.06 or 1.27%.

2) Crude Oil Futures spiked $1.52 or 2.69% after new Saudi Minister commits to output cuts while Gold Futures dropped $8.50 or 0.56% despite more weakness in the U.S. dollar. The Bond market suffered a sharp pullback and the yield on the 10-Year Treasury Note advanced to 1.647%.

3) Earlier today, Texas Attorney General Ken Paxton, announced that 50 Attorneys General will be joining an investigation into Google over possible antitrust violations. The stock closed flat today, but what does this mean for the share price long-term? In today's video, we will analyze the daily, weekly, and monthly charts for clues.

About the author

Vince Vora is the head trader at TradingWins.com. Over the last three decades, he has been trading and refining his trading systems that are based on technical analysis and price action. Over the last few years, his focus has been on teaching people how to become better traders. His systems range from simple to sophisticated and can be used in any market conditions to trade stocks, options, futures and forex. By: TradingWins Team

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