Up about 0.8%-1.0%

The US stocks are open and the major indices are higher.

  • The S&P index is up 27 points or 0.97% at 2782.50. That takes the price above the 200 day moving average at 2763.77 and the 50% retracement of the move down from the October high at 2771.70
  • The NASDAQ is up 76 points or 1.03% at 7452
  • The Dow is up 221 points or 0.84% at 25854

Good start to stocks.

In the debt market, the US yields are mostly lower with the yield curve (2-10 year spread) narrowing to 25.45 basis points down -4.5 bps on the day. The US will auction 30 year bonds later in the day.