NASDAQ up over 1.4%

The major indices are opening higher with the NASDAQ index leading the way. The gains erase some of the declines from Friday's trade where the NASDAQ index fell 266 points. The Dow industrial average fell 622 points and the S&P index fell 73.17 points.

A snapshot currently shows:

  • S&P index up 40.3 points or 1.08% 3754.56
  • NASDAQ index up 187 points or 1.44% at 13258
  • Dow industrial average up 262 points or 0.87% at 30240

In other markets:

  • spot gold is up $20 or 1.1% at $1867.65
  • Spot silver is up $2.93 or 10.84% $29.92 as WSB traders pile in.
  • WTI crude oil futures are up $0.62 or 1.19% $52.82 as OPEC sticks to output quotas

US yields are higher with the 30 year up 2.1 basis points. The 10 year is up 1.54 basis points.

In the forex, the USD remains the strongest and the CHF remains the weakest, but the major currencies have bunched a bit closer together since the NY open (the USD has dipped a little, and the CHF has strengthened a little.

NASDAQ up over 1.4%