Stocks open higher. Nasdaq looks to break a 5 day decline

The major US stock indices are opening higher. The Dow and S&P are working on their 2nd day in a row to the upside. The NASDAQ index is looking to snapped a 5 day losing streak. A snapshot of the market currently shows:

  • Dow industrial average +125 points or 0.4% 31782.50
  • S&P index up 22.69 points or 0.57% at 3990.10
  • NASDAQ index up 57.47 points or 0.50% at 11843.20
  • Russell 2000 up 10.3 points or 0.57% at 1833.12

Taking a look at other markets:

  • spot gold is up $13 or 0.77% at $1709.06
  • spot silver is up $0.19 or 1.1% at $17.95
  • WTI crude oil is moving higher and up about $2 at $88.84
  • bitcoin is marginally higher $20,359

In the US debt market, yields are mostly lower

  • 2 year yield 3.426%, -8.2 basis points
  • 5 year 3.324%, -7.7 basis points
  • 10 year 3.223%, -3.4 basis points
  • 30 year 3.377%, +1.3 basis points
News

Articles You May Like

Crude oil futures forecast – weekly chart. Bears eyeing $67.75 next
Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength
Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
AUD/USD gathers strength above 0.6700 on softer US Dollar
Gold hovers in an overbought zone, but upside still left

Leave a Reply

Your email address will not be published. Required fields are marked *