Trading mostly lower on the day

The US stock market is underway and trading pre-FOMC hike is more to the downside, but declines are modest.

  • The S&P is down -2.4 points or -0.09% at 2714.65
  • The NASDAQ is down -1.8 points or -0.02% at 7362
  • The Dell is down 21 points or my 0.09% at 24701

Modest declines to start the day in up and down trading.

In the US debt market, yields have moved modestly higher (from modestly lower at the start of trading today).

  • 2 year 2.353%, +0.8 basis points. The low reached 2.326%
  • five-year 2.703%, +0.6 basis points. The low reached 2.684%
  • 10 year 2.8959%, unchanged. The low reached 2.8812%
  • 30 year 3.1227%, -0.7 basis points. The low reached 3.1145%