US stocks open lower to start the trading week

The major US 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 are opening the day and trading week lower. The major indices are up for consecutive weeks. Friday saw sharp gains in all the major indices with the Dow up 1.27%, the S&P was up 1.73% and the Nasdaq up 2.09%.

A snapshot of the market today shows:

• Dow industrial average down -164 pointe or -0.48% at 33604
• S&P -17.6 points or -0.42% at 4261
• Nasdaq is now trading unchanged erasing modest losses in the first few minutes of trading
• Russell 2000 -14.68 points or -0.72%

In other markets:

• crude oil Crude Oil Crude oil is the most popular tradable instrument in the energy sector, offering exposure to global market conditions, geopolitical risk, and economics. The instrument is strategically relied upon and situated in the global economy. Crude oil has proven to be a unique option for traders given volatility and the efficacy of both swing trading and longer-term strategies. Despite its popularity, crude oil is a very complex investing instrument, given the litany of fluctuations in oil prices, risk, Crude oil is the most popular tradable instrument in the energy sector, offering exposure to global market conditions, geopolitical risk, and economics. The instrument is strategically relied upon and situated in the global economy. Crude oil has proven to be a unique option for traders given volatility and the efficacy of both swing trading and longer-term strategies. Despite its popularity, crude oil is a very complex investing instrument, given the litany of fluctuations in oil prices, risk, Read this Term is sharply lower with the current price trading at $87.12 that's down $4.86 month 5.3% on the day. The low price reached $86.84. That took the price to the lowest level since the end of January.
• the price of gold is trading down $23.40 or -1.3% at $1778.30
• Price silver is trading down $0.60 or -2.98% at $20.20
• bitcoin is trading back toward down toward $24,000 after trading up to $25,200 earlier today

US yields are lower after the weaker than expected Empire manufacturing data as well as concerns about global growth from China is weaker data released over the weekend:

• 2 year yield 3.18%, -7.3 basis points
• 5 year yield 2.83%, -7.7 basis points
• 10 year yield 2.761% -7.6 basis points
• 30 year yield 3.058%, -5.7 basis points

The USD is coming off its high levels after the weaker Empire manufacturing data:

• EURUSD is moving back toward its broken at 200 hour moving average at 1.0232. The corrective high off of the low just reached 1.0208. I would expect sellers to lean against the 200 hour moving average on the 1st test with a stop on a move back above.
• GBPUSD fell below a floor near 1 point to 064 in the London morning session, but has rebounded back higher and trades above a swing area between 1.2096 and 1.20989. The corrective high off the low reached 1.21137. The current price trades at 1 point to 093.
• USDJPY moved to the downside after the weaker Empire manufacturing data, but held above a support area between 1.3224 1.32479. The low price reached 1.3254 and has bounced back up to 1.3269 currently