Market Metrics, 3/6/26

[lastlib]

For the folks playing along at home:

Dow Jones Industrial Average: 47,501.55, down 453.19 (0.95%)
S & P 500: 6740.02, down 90.69 (1.33%)
NASDAQ Composite: 22387.68, down 361.31 (1.59%)
2-Yr US Treasury Yield: 3.558%, 0.035 (0.02%)
5-Yr US Treasury Yield: 3.731% down 0.002 (0.01%)
10-Yr US Treasury Yield: 4.133%, down 0.007 (0.2%)
Gold: 5181.30, up 102.60 (2.02%)
Silver: 84.690,up 2.51 (3.05%)
WTI: 91.27, up 10.26 (12.67%)

[iemanja]

1. That story about Blackrock has me very worried.

More than the market numbers.

[alwaysinasnit]

2. Have you heard anything about the Fed pumping money into the liquidity markets?

[lastlib]

3. No, I haven't.

Good question, though. At the moment, I don't see that as a likelihood. It's more of a response to high stress in the lending markets, which isn't really the case right now. It could happen down the road, but we're not there--yet. Watch the Treasury bond yields for clues to something happening; if they start rising rapidly, the Fed may move, but I think it will have to get a LOT worse before it moves. A sooner response would be a rate cut by the Fed, unless things turn REALLY dire really fast (like 2008).

[alwaysinasnit]

4. Thanks!!!

[BlueWaveNeverEnd]

5. DOW is down about 2500 from its high..correct?

[Wiz Imp]

6. 3000

Record Close: 50,188.14 (Feb 10, 2026).
Intraday High: 50,512.79 (Feb 10, 2026).

[lastlib]

7. 2500 from its record closing.

(I'm wondering if EvaBlondi is wishing she'd kept her mouth shut about the "50K Dow".....)