Boeing still a drag for the Dow

The major indices are opening mixed, with the Dow being dragged lower by Boeing (down -2.4%) and Disney (down -1.31%).

The snapshot a few minutes from the opening is showing:

  • S&P index, +5 points or 0.18% at 2827.50
  • NASDAQ index +16.5 points or 0.22% at 7705
  • Dow industrial average -36 points or -0.15% at 25807

Some winners today in early trading include:

  • Broadcom, +1.53%
  • Netflix, +1.47%
  • Goldman Sachs, +1.24%
  • Nvidia, +1.04%
  • AMD, +0.73%
  • Adobe, +0.62%
  • Alibaba, +0.88%

On the downside in addition to following,

  • Facebook, -2.41%
  • 3M, -0.83%
  • Twitter, -0.77%
  • United airlines, -0.64%
  • DuPont, -0.62%
  • Delta Airlines, -0.55%
  • Southwest Airlines -0.41%
  • Alphabet, -0.22%

In the US debt market, yields are a bit higher than earlier New York session levels:

  • 2 year, 2.450%, +1.2 basis points
  • 5 year 2.411%, +1.6 basis points
  • 10 year 2.605%, +1.8 basis points
  • 30 years 3.022%, +1.1 basis points

In other markets:

  • Spot gold is up $3.13 or 0.24% at $1305.60
  • WTI crude oil futures are trading near unchanged levels of $58.55.

In bitcoin over the weekend the price moved back above the $4000 level to a high of $4037 on Coinbase. The price has moved back down off that level but the low today at $3937.69 has been able to remain above its 100 hour MA at $3932.42 (currently).