US stocks are opening higher after less scary jobs report

Technical Analysis

Author: Greg Michalowski | sp

NASDAQ leads the way and at a new record high. S&P working on making another all-time high close

The S&P and NASDAQ index are opening at new record highs as the market reacts to the less scary jobs report. 

A snapshot of the market currently shows:
  • S&P index up 10.41 points or 0.24% at 4330.10
  • NASDAQ index up 61 points or 0.42% 14583.52
  • Dow up 39.76 points or 0.12% 34675.90
in other markets as US stock trading gets underway:
  • Spot gold up 13.67 points or 0.77% at $1789.62.
  • Spot silver up $0.43 or 1.69% $26.43
  • WTI crude oil futures down $0.21 or -0.27% at $74.81
  • Bitcoin is trading down $-343 or -1.02% at $33,233
In the US debt market, yields are lower but off their lowest levels on the day:

US yields are lower but off their lowest levels

In the forex market, the CAD is the strongest and the EUR is the weakest. The USD is weaker from earlier levels. 

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