US stocks are trading higher to start the new trading week

The major stock indices are trading higher in early US trading with Tesla and Apple leading the way.Elon Musk went to China. Apple was upgraded. Tesla shares are up 11.92% while Apple shares are trading up 2.55%.Ironically other of the major large-cap tactical stocks are not doing so well.Nvidia (despite its 60 Minute news program feature) is trading down -2.7%Google shares are down -2.56%Microsoft shares are down -1.53%Meta Platforms shares continue therefore with a decline of -2.33%A snapshot of the market currently shows:Dow Industrial Average average up 85.13 points or 0.22%S&P index up 6.40 points or 0.13% at 5106.38NASDAQ index up 1.72 points or 0.01% at 15930The Russell 2000 is currently up 9.92 points or 0.50% at 2011.90.Looking at the US debt market:2-year yield 4.985%, -1.5 basis points5-year yield 4.662%, -3.0 basis points10-year yield 4.640%, -2.9 basis points30-year yield 4.760%, -2.0 basis points This article was written by Greg Michalowski at www.forexlive.com.

Apr 29, 2024 - 19:35
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US stocks are trading higher to start the new trading week

The major stock indices are trading higher in early US trading with Tesla and Apple leading the way.Elon Musk went to China. Apple was upgraded. Tesla shares are up 11.92% while Apple shares are trading up 2.55%.

Ironically other of the major large-cap tactical stocks are not doing so well.

  • Nvidia (despite its 60 Minute news program feature) is trading down -2.7%
  • Google shares are down -2.56%
  • Microsoft shares are down -1.53%
  • Meta Platforms shares continue therefore with a decline of -2.33%

A snapshot of the market currently shows:

  • Dow Industrial Average average up 85.13 points or 0.22%
  • S&P index up 6.40 points or 0.13% at 5106.38
  • NASDAQ index up 1.72 points or 0.01% at 15930

The Russell 2000 is currently up 9.92 points or 0.50% at 2011.90.

Looking at the US debt market:

  • 2-year yield 4.985%, -1.5 basis points
  • 5-year yield 4.662%, -3.0 basis points
  • 10-year yield 4.640%, -2.9 basis points
  • 30-year yield 4.760%, -2.0 basis points
This article was written by Greg Michalowski at www.forexlive.com.
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