The major indices are trading mixed in early US trading with modest gains or losses. The NASDAQ index is looking to snap a 7 day losing streak. The S&P and Dow have been down 6 the last 7 trading days. A snapshot of the market currently shows:
- Dow industrial average -3 points or -0.01% at 31142
- S&P index +4.72 points or 0.12% at 3912.67
- NASDAQ index up 45.41 points or 0.4% 11589.65
- Russell 2000 down 1.368 points at -0.07% at 1791.01
The yields are moving lower today which may help out stocks a bit.
- 2 year 3.476%, -3.1 basis point
- 5 year 3.398%, -5.7 basis points
- 10 year 3.292%, -5.9 basis points
- 30 year 3.448%, -5.6 basis points
In other markets:
- spot gold is trading down on $0.80 or -0.06 at $1700.85
- spot silver is trading up $0.13 or 0.73% at $18.12
- WTI crude oil is trading down $3.40 at $83.43
- bitcoin is trading just below the $19,000 level at $18,906