US stocks fall back to flat on the day | Forexlive
The S&P 500 and Nasdaq have both given back gains and are trading flat on the day after solid starts. There are no headlines behind the leg down but — aside from Nvidia — it wasn’t clear what was driving the upside at the start of the day.
Lots of eyes are on the 200-day moving average in the Nasdaq.
With the dip in stocks, the US dollar is finding a bid and is near the highs of the day ex-JPY.