Market Snapshot: Nasdaq and gold bounce together

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The oil market sell-off has weighed on the energy sector of the Dow Jones Industrial index, creating some demand for havens like gold – but the Nasdaq, thanks to its concentration of tech (and not oil) stocks is also seeing some demand.

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

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Comments

Rowland Turner says:

explained in a straightforward manner, thank you Jasper

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