Nasdaq down -0.48%

The major US stock indices are negative at the open, but they are trading off the pre-open low levels too.

The snapshot currently shows:

  • S&P index -9 points at 2855.40
  • NASDAQ index -29 points at 7756.59
  • Dow industrial average -75 points at 25801

in the US debt market yields are lower by 1 to 2 basis points:

  • 2 year 2.233%, -2.0 basis points
  • 5 year 2.206%, -2.0 basis points
  • 10 year 2.410%, -1.6 basis points
  • 30 year 2.833%, -1.0 basis points

Spot gold is trading unchanged at $1274.64

WTI crude oil futures is trading down =$.66 at $62.47. The low reached the $62.05. The high extended to $63.00.

Canada retail sales came in better than expected (with revisions).

UK May remains under pressure. The GBPUSD is trading near session lows.

Feds Williams and Bostic are expected to speak at 10 AM ET and 10:10 AM Et respectively. Both have spoken recently.