U.S. markets close in 1 hour 59 minutes
  • S&P 500

    4,147.18
    +1.99 (+0.05%)
     
  • Dow 30

    32,898.83
    +95.36 (+0.29%)
     
  • Nasdaq

    12,665.78
    +8.23 (+0.06%)
     
  • Russell 2000

    1,937.77
    +15.95 (+0.83%)
     
  • Crude Oil

    89.99
    +0.98 (+1.10%)
     
  • Gold

    1,804.00
    +12.80 (+0.71%)
     
  • Silver

    20.60
    +0.76 (+3.82%)
     
  • EUR/USD

    1.0206
    +0.0019 (+0.18%)
     
  • 10-Yr Bond

    2.7660
    -0.0740 (-2.61%)
     
  • GBP/USD

    1.2092
    +0.0021 (+0.18%)
     
  • USD/JPY

    134.6910
    -0.2790 (-0.21%)
     
  • BTC-USD

    23,967.80
    +721.73 (+3.10%)
     
  • CMC Crypto 200

    558.24
    +15.37 (+2.83%)
     
  • FTSE 100

    7,482.37
    +42.63 (+0.57%)
     
  • Nikkei 225

    28,249.24
    +73.37 (+0.26%)
     
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

U.S. dollar hits multi-decade high as stocks fall

In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Yahoo Finance's Ines Ferré and Jared Blikre break down the moves in the U.S. dollar index and what it means for long stock positions.

Video Transcript

JARED BLIKRE: And Ines, we've been checking and talking about some of the moves, the huge moves in the currency market. What do you got for us?

INES FERRE: Yeah, that's right. We are taking a look at the US Dollar Index. This is the dollar against a basket of currencies. And it is at a multi-decade high. It's above 106. And if we just take a look at the euro, the euro against the dollar is at a 20-year low. And it's interesting because I know you've spoken to JC Parets, a friend of the show. And his whole thesis is, it's all about the dollar because we have seen that when the US dollar goes up, we are looking at stocks that are going lower. So it's hard for investors.