US stocks are trading higher and looking to extend win-streaks for the broader indices
The major US stock indices are opening with modest changes. Coming into the day the S&P and NASDAQ indices are working on a four day winning streak trying to extend that to five for five this week. It is Friday the 13th. Can the markets rise above that jinx?A snapshot of the market currently shows:Dow industrial average is trading up 161.44 points or 0.40% at 41253.47S&P index is trading up 14.30 points or 0.26% at 5610.55.NASDAQ index is trading up 33 points or 0.199% at 17605.80The small-cap Russell 2000 is trading up 29.05 points or 1.36% at 2158.45.Looking at the US debt market, yields are lower with the year leading the way. The 2-10 year and is now around positive by about eight basis points: 2-year yield 3.578%, -7.0 basis points5- year yield 3.431%, -3.6 basis points10- year yield 3.657%, -2.3 basis points30- year yield 3.987%, -0.9 basis pointsLooking at other markets:Crude oil is trading up $0.48 and $69.46. For the trading week, the price is still up 2.10%Gold ready to a new record high yesterday and is continuing that trend today. The price is up $21.31 or 0.83% at $2580Silver is up another $0.83 or 2.8% at $30.68Bitcoin is down around $300 and $57,824. This article was written by Greg Michalowski at www.forexlive.com.
The major US stock indices are opening with modest changes. Coming into the day the S&P and NASDAQ indices are working on a four day winning streak trying to extend that to five for five this week. It is Friday the 13th. Can the markets rise above that jinx?
A snapshot of the market currently shows:
- Dow industrial average is trading up 161.44 points or 0.40% at 41253.47
- S&P index is trading up 14.30 points or 0.26% at 5610.55.
- NASDAQ index is trading up 33 points or 0.199% at 17605.80
The small-cap Russell 2000 is trading up 29.05 points or 1.36% at 2158.45.
Looking at the US debt market, yields are lower with the year leading the way. The 2-10 year and is now around positive by about eight basis points:
- 2-year yield 3.578%, -7.0 basis points
- 5- year yield 3.431%, -3.6 basis points
- 10- year yield 3.657%, -2.3 basis points
- 30- year yield 3.987%, -0.9 basis points
Looking at other markets:
- Crude oil is trading up $0.48 and $69.46. For the trading week, the price is still up 2.10%
- Gold ready to a new record high yesterday and is continuing that trend today. The price is up $21.31 or 0.83% at $2580
- Silver is up another $0.83 or 2.8% at $30.68
- Bitcoin is down around $300 and $57,824.
