US stocks mixed in early trading
The major US stock indices are trading mixed at the US open. The flow of funds is more into the Dow with the S&P near unchanged and the Nasdaq down marginally. The small-cap Russell 2000 index is also higher. Recall from yesterday, the S&P index closed at a record high, but fell short of its intraday high at 5261.10. That is the next target on further upside today.A snapshot of the market seven minutes into the open is showing:Dow industrial average up 22 points or 0.06% at 39781S&P index -1.6 points or -0.02% at 5247NASDAQ index -30 points or -0.18% at 16370.57The small-cap Russell 2000 is currently up 6.56 points or 0.31% at 2120.91.US yields are moving higher:2-year yield 4.617% +4.8 basis points5-year yield 4.226%, +3.8 basis points10-year yield 4.222%, +2.6 basis points30-year yield 4.369% +1.0 basis points.Looking at other markets:Crude oil is trading up $1.23 or 1.52% at $82.59.Gold is trading up $13 or 0.59% at 2207.43Bitcoin is trading higher at $70,883 This article was written by Greg Michalowski at www.forexlive.com.
The major US stock indices are trading mixed at the US open. The flow of funds is more into the Dow with the S&P near unchanged and the Nasdaq down marginally. The small-cap Russell 2000 index is also higher. Recall from yesterday, the S&P index closed at a record high, but fell short of its intraday high at 5261.10. That is the next target on further upside today.
A snapshot of the market seven minutes into the open is showing:
- Dow industrial average up 22 points or 0.06% at 39781
- S&P index -1.6 points or -0.02% at 5247
- NASDAQ index -30 points or -0.18% at 16370.57
The small-cap Russell 2000 is currently up 6.56 points or 0.31% at 2120.91.
US yields are moving higher:
- 2-year yield 4.617% +4.8 basis points
- 5-year yield 4.226%, +3.8 basis points
- 10-year yield 4.222%, +2.6 basis points
- 30-year yield 4.369% +1.0 basis points.
Looking at other markets:
- Crude oil is trading up $1.23 or 1.52% at $82.59.
- Gold is trading up $13 or 0.59% at 2207.43
- Bitcoin is trading higher at $70,883