Stocks Move Lower as Yen Rallies
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Stocks moving lower with the yen moving higher against the dollar. USD/JPY was last at $94.268, down 1.44%. A move higher in the yen pressures the carry trade and thus U.S. stocks.
Heading into the noon hour, the Dow is down 81, the S&P 500 is down 6.6 and the Nasdaq is down 18.
Heading into the noon hour, the Dow is down 81, the S&P 500 is down 6.6 and the Nasdaq is down 18.
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