Fairly modest losses for the major indices

The major indices are opening in the red but only marginally (and the Dow is now trading above and below the unchanged line).

A snapshot of the major indices is currently showing:

  • the S&P index -2.33 points or -0.08% at 3091.50
  • The NASDAQ index -21 points or -0.25% at 8461.30
  • The Dow is down -3 points or -0.01% at 27780

In the US debt market yields continue to slide with the 10 year yield down -5.8 basis points.

US yields are sliding lower

In other markets:

  • spot gold is up $4.50 or 0.31% of $1468
  • WTI crude oil futures are trading up $0.50 or 0.88% at $57.62. The weekly DOE data will be released at 11 AM ET later this morning with crude oil inventories expected to rise by 1.5M. The private API data last night showed a -0.5M draw.