The major US stock indices are trading higher in early US trading with the gains led by the Nasdaq index which is looking to snap a 3 day losing streak today. Alphabet and Microsoft appeased investor concerns. Both stocks are up smartly in early trading. Alphabet is up 4.87% while Microsoft is trading up 4.8%
A snapshot of the market 12 minutes into the opening is currently showing
- Dow industrial average up 156.98 points or 0.49% at 31918.53
- S&P index up 42.26 points or 1.08% at 3963.30
- NASDAQ index up 222.11 points or 1.92% at 11784.69
- Russell 2000 up 9.87 points or 0.55% 1815.12
In other markets:
- gold is trading down $1.55 or 0.09% at 1714.79
- silver is trading down $0.03 or -0.16% at $18.58
- WTI crude oil is trading at $96 even that's up $1.02 on the day
- The price of bitcoin is trading at $21,383.74
In the US debt market, the 30 year yield is back below the 3.000% double. The 2 day 10 year spread is more negative at -29 basis points as well ahead of the FOMC decision.
- 2 year yield 3.047%, -1.0 basis points
- 5 year 2.856%, -4 point basis points
- 10 year 2.765%, -4.5 basis points
- 30 year 2.994%, -0.34%