fxstreet.com 12 Feb, 2021 17:00 am

S&P 500 Index opens modestly lower, holds above 3,900

S&P 500 Index opens modestly lower, holds above 3,900
Major equity indexes in the US opened little changed on the last day of the week amid a lack of significant fundamental drivers. As of writing, the S&

Falling tech shares weigh on Nasdaq Composite after the opening bell.13% on the day at 3,911, the Nasdaq Composite was losing 0.4%, weighing on the tech-heavy Nasdaq Composite.p Bitcoin price is about to explode beyond $100,000, suggests on-chain metric Bitcoin is likely to rally to levels above $100,000 if history repeats with the market cap-to-thermocap ratio.

At the top of the hour, the University of Michigan's preliminary Consumer Sentiment Index for February will be the last data release of the week from the US.US Consumer Sentiment missed with 76.

Read full story at fxstreet.com