Major indices are lower on the day

Ahead of the Michigan consumer confidence and new-home sales at the top of the hour, the US major stock indices are trading a bit lower

  • S&P index is down -0.5 points or -0.1%
  • NASDAQ composite index is down -8.6 points or -0.12%
  • Dow industrial average is down -20.5 points or -0.08%

So modest losses in the major indices.

In the US debt market, yields are little changed

  • two-year 1.8865%, +0.9 basis points
  • five-year 2.2456%, unchanged
  • 10 year 2.4828%, unchanged
  • thirty-year 2.8387%, -0.4 basis points

In other markets:

  • Spot gold is trading up $4.43 at $1270.77
  • WTI crude oil futures are trading down $.25 at $58.10