Stocks Plunge as NASDAQ Sinks to 3-Month Low

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 5 October 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

DB-Oct04,2021: U.S. equities begin the new week on unsteady footing with tech stocks taking a blow as the S&P 500 dips below its 100-day moving average and NASDAQ falls more than 2%. Dave Floyd, founder of Aspen Trading, joins us to share his outlook on bonds, equities, and currencies as well as the technical levels and indicators he is tracking. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3irZ0DZ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This episode is brought to you by Kraken.
0:03.0	Crypto is like finance, but different.
0:06.0	It doesn't care when you invest, trade or save.
0:09.0	Do it on weekends or at 5 a.m.
0:12.0	Or on Christmas Day at 5 a.m.
0:14.0	Crypto is finance for everyone, everywhere, all the time.
0:19.0	Visit Kraken.com slash see what crypto can be to learn more.
0:23.0	Don't invest unless you're prepared to lose all the money you invest.
0:26.0	This is a high risk investment and you should not expect to be protected if something goes wrong.
0:30.0	Welcome to the Real Vision Podcast Network.
0:42.0	Welcome to the Real Vision Daily Briefing.
0:44.0	It's Monday, October 4, 2021.
0:46.0	I'm Ash Bennington, joined today by Dave Floyd of Aspen Trading Group.
0:51.0	Let's talk a little bit about what's happening in these markets.
0:54.0	Let's just be blunt, not a great day, not a great close.
0:57.0	It's like NASDAQ 100 is the big loser on the day here off.
1:01.0	It looks like about 2.1% closing down of 14,472.
1:08.0	Across US equity markets, let's see, Dow Jones industrial average.
1:12.0	It's just settling around the 34k mark, 34,000.
1:16.0	Two off, zero spot 9, 4%, call it about a percent off.
1:21.0	S&P 500 at the 4,300 mark settling down here at the end of the day off.
1:27.0	One spot, 3%, and the NASDAQ composite looks like off 2.1% on the day closing it out at 14,255.
	...

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