Dow Jones
Dow Jones futures are down by more than 100 points today as traders remain worried about the rising number of coronavirus cases. Other traders are taking profits after the 92 points gains made yesterday after the upbeat jobs numbers from the United States. The volume in the futures market is a bit low today because most investors in the US are celebrating the Independence Day.
S&P 500
The Dow Jones grisly plunge accelerated today as investors continued to worry about the rising coronavirus cases in the United States. As the index dropped, it moved below a key support as I will explain below. Also, I will mention about the warning being sent by the “Buffett indicator.”.
Dow Jones
Dow Jones is bouncing back today as investors react to an underwhelming Trump rally and bullish calls from key analysts. The index is up by more than 200 points in the futures market. Similarly, the S&P 500 and Nasdaq index have jumped by more than 0.70%. The performance of the US indices is different from what is happening in Europe, where the DAX index has fallen by 0.62% while the FTSE 100 has fallen by 0.25%.