US stocks moved back to the downside led by the NASDAQ index

March 13, 2025 at 03:24PM

The NASDAQ index is moving back down in volatile trading.

The index has traded as high as -26.54 points and as low as -269.81 point. The current index is down -220 points of -1.26%.

The NASDAQ index is working on its fourth consecutive day to the downside. For the trading week, the NASDAQ index is down -4.21% after falling -3.45% last week, -3.47% two weeks ago and -2.51% 3 weeks ago.

Looking at the other indices :

The S&P index is currently down -42 points or -0.75% at 5557.38. At session highs, the index was down -1.52 points. At session lows index is down -47.60 points. For the week, the index is down -3.7% after falling -3.10% last week in -0.98% two weeks ago.

The Dow industrial average traded in modest positive territory at 9.19 points at session highs, but is currently down -305 points or -0.74%. At session lows index was down -302.86 points. The Dow industrial average is working on its fourth consecutive day to the downside. For the trading week, the index is down -4.11%.

Yields have moved lower with the two year now down -1.3 basis points at 3.982%. The 10-year is down -0.2 basis point at 4.314%.

Gold is a beneficiary with the price now up $40.43 or 1.38% at $2974.96. The price has reached a new record high at $2974.75, just $26 away from the $3000 level.

Bitcoin is down $-1900 and $81,690. The dollar is mostly higher with the exception of the JPY. However, price action is volatile:

EUR +0.28%

GBP +0.15%

JPY -0.31%

CAD +0.22%

CHF +0.32%

AUD +0.47%

NZD +0.37%

This article was written by Greg Michalowski at www.forexlive.com.