US stocks open lower. Broader indices down 6 straight weeks

Although the major US stock indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term opened sharply higher on Friday, they still closed lower for the week. The S&P and the NASDAQ are both down for 6 consecutive weeks. The Dow industrial average is on a 7 losing streak.

Today the new week is getting off to a weaker start with the major indices all trading lower:

• Dow industrial average -43 points or -0.13% at 32152.09
• S&P index at -13.06 points or -0.30% at 4011.37
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index -77.5 points -0.67% at 11726
• Russell 2000-4.22 point at -0.24% at 1788.44

A look at other markets as stock trading gets underway shows:

• Spot gold $-3 or -0.16% at $1807.75. The price is off the low of $1787.03. That was the lowest level since February
• Spot silver is up $0.27 or 1.32% at $21.35. Recall from last week, the price moved to the lowest level since July 2020. That level reached $20.46 before bouncing higher into the close on Friday and trading higher today
• WTI crude oil is trading back above $110 at $110.49. That is now up $0.10 on the day
• Bitcoin is trading at $29,813

In the forex market, the ranking of the strongest weakest currencies it shows the NZD and the EUR are the strongest of the majors while the CHF is the weakest. The USD is mixed with near unchanged levels vs the GBP, JPY, CAD and AUD. The greenback is strongets vs the CHF and weakest vs the NZD.