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US equities cannot get on track, fall for second day

FXstreet.com (New York) - The US stock market again opened negatively Tuesday, continuing to open up weekly losses with nothing but a trickle of US data to go on.

Earlier today in the United States, the Redbook Index (YoY) (July 28) grew +3.7%, relative to a figure of 2.9% previously. Moreover, the Redbook Index (MoM) (July 28) has yielded a figure of +1.0%, compared to +0.8% previously.

Beginning with the indices and composites, today the NASDAQ fell -0.11% as it settles in region of 3688.73, down -4.18 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1703.92, descending -3.20 points or -0.19% at the time of writing. Finally, the Dow Jones has moved lower at the opening, trading in the zone of 15556.37, presently -0.36% after a movement of -55.76 points.

Sectors are all lower at the opening, however the Basic Materials and Telecoms sectors have distinguished themselves as the losers thus far, falling -0.39% and -0.27% respectively. Moreover, the price of gold has settled at $1285.79 per oz., while silver is now negotiating a spot price of $19.57 per oz. Tuesday.

USD/CHF supported 0.9260

UD/CHF is a quite play today fluctuating in a 20 pip range as we head into the opening hours of the NA shift.
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