US equity markets are now lower on the day as a wave of profit taking hits. Gold has similarly reversed down to $3836 after hitting a record $3896 earlier.
Some of the highest-flying stocks are being sold. It’s up 1.2% after hitting a record at $191.05 shorlty after the open. It’s off the highs and is a critical spot to watch as the market’s mettle is tested.
Over in FX, the signs aren’t great as broad US dollar buying hits
Profit taking is the theme in markets today