US stocks open lower as Powell reiterates his Jackson Hole commitments

The major US stock 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 trading lower at the start of the trading session.

The markets are reacting negatively to chair Powell's comments which parallel his Jackson Hole symposium comments. US yields as a result are back into positive territory the 2 year up close to 5 basis points. The 10 year is near unchanged as the yield curve inverts more.

A snapshot of the market currently shows

• Dow industrial average, -231.94 points or -0.73% at 31349.35
• S&P index -33.45 points at -0.84% at 3946.43
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index -127.93 points or -1.08% at 11663.97
• Russell 2000-20.75 points or -1.13% 1811.24

In the US debt market:

• 2 year yield 3.477%, +4.0 basis point. The low yield reached 3.404%
• 5 year yield 3.362%, +0.5 basis point. The low yield reached 3.290%
• 10 year yield 3.267%, unchanged. The low yield reached 3.201%
• 30 year yield 3.417+0.3 basis points. The low yield reached 3.364%

In other markets:

• spot gold is trading down now by about $4 at $1713.73
• spot silver is trading up $0.07 at $18.51
• WTI crude oil is trading up $1.43 at $83.39
• bitcoin is trading at $19,206