Major indices are little changed in early US trading
Major US indices are trading little changed in early US trading. The Dow Industrial Average and S&P closed at record levels yesterday. Stops rallied after the U.S. Treasury and out-of-state lower-than-expected auction calendar ahead. That sent yields lower and stocks higher.A snapshot of marketing minutes into the open is a showing:Dow Industrial Average -22.89 points or -0.06% at 38310.57S&P index -2.60 points or -0.05% at 4925.34 NASDAQ index -17.16 points or -0.11% at 15610.89Loking at US yields, they are continuing their move lower:2- year 4.307%, -1.4 basis points5-year 3.972%, -2.1 basis points10 year 4.056%, -3.4 basis points30-year 4.287%, -4.8 basis pointsCrude oil is trading back higher by $0.26 or 0.34% at $77.05. The low price for the day extended to $75.85 before rotating back to the upside.Spot gold is trading up $13.73 or 0.67% at $2046.62.Bitcoin is trading at $43,356 This article was written by Greg Michalowski at www.forexlive.com.
Major US indices are trading little changed in early US trading. The Dow Industrial Average and S&P closed at record levels yesterday. Stops rallied after the U.S. Treasury and out-of-state lower-than-expected auction calendar ahead. That sent yields lower and stocks higher.
A snapshot of marketing minutes into the open is a showing:
- Dow Industrial Average -22.89 points or -0.06% at 38310.57
- S&P index -2.60 points or -0.05% at 4925.34
- NASDAQ index -17.16 points or -0.11% at 15610.89
Loking at US yields, they are continuing their move lower:
- 2- year 4.307%, -1.4 basis points
- 5-year 3.972%, -2.1 basis points
- 10 year 4.056%, -3.4 basis points
- 30-year 4.287%, -4.8 basis points
Crude oil is trading back higher by $0.26 or 0.34% at $77.05. The low price for the day extended to $75.85 before rotating back to the upside.
Spot gold is trading up $13.73 or 0.67% at $2046.62.
Bitcoin is trading at $43,356 This article was written by Greg Michalowski at www.forexlive.com.
