US stocks hitting the skids going into the close

[ad_1] The major US stock indices are hitting the skids heading into the close. The NASDAQ is now down -1.7% trading a new session lows. The S&P index is also at session lows with a decline of -1.56%. In the interest rate market, the rates are trading near highs out the yield curve is traders

Weak global activity data sends US dollar to six-month high, Aussie skids By Reuters

[ad_1] © Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Alun John and Brigid Riley TOKYO/LONDON (Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the Japanese yen, euro and pound on Tuesday and sent the