US stocks move lower after stronger than expected US jobs report

The US stocks opened lower, but are seeing some buying after the first 6 or so minutes of trading. The major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term remain down but declines are somewhat modest given the sharp move in yields and expectations for much hawkish Fed as a result of the strong jobs report.

A snapshot of the market currently shows:

• Dow industrial average -183 points or -0.56% at 32543.82
• S&P -3.13 points or -0.73% of 4121.80
• NASDAQ index -125.56 points -0.99% at 12595.02
• Russell 2000-15.48 points at -0.81% at 1890.97

In the US debt market yields are sharply higher:

• 2 year 3.224%, +17.7 basis points
• 5 year 2.961% +16.5 basis points
• 10 year 2.823%, +13.3 basis points
• 30 year 3.066% +9.8 basis points

A snapshot of the forex marketis showing the USD is the runaway strongest of the major currencies. The JPY is the weakest followed by the AUD and NZD.