QQQ - Dollar's Gains Extended
Overview: The five-day advance of the S&P 500 stalled yesterday and global equities are mixed today. Most Asian centers remain closed, Japan and some small markets were lower, while Taiwan, Australia, and India moved higher. The seven-day rally in Europe's Dow Jones Stoxx 600 is under threat today. Australia and New Zealand bond yields fell, while European bonds are little changed, Italian bonds are underperforming. In the foreign exchange market, the dollar remains firm against the major currencies, and the Dollar Index is extending its rally into fifth consecutive session, the longest since last September-October.