Nasdaq down -1.2%

The US stocks are open and it is not looking too good for the major indices. The snapshot is currently showing:

  • S&P index -31 points at 2825.5 (down -1.07%)
  • NASDAQ index -97 points at 7654 (down -1.24%)
  • Dow jones industrial average -300 points at 25477 (down -1.16%)

In the US that market, yields are also lower:

  • 2 year 2.195%, -2.7 basis points
  • 5 year 2.152%, -2.7 basis points
  • 10 year 2.353%, -2.8 basis points
  • 30 year 2.779%, -2.8 basis points

Gold is getting a boost on flight to safety flows. The price is up $7 or 0.55% at $1280.30

WTI crude oil futures continue to get hit on global growth concerns. The contract is currently down $2.37 or -3.84% at $59.06. That is at the low for the days....

IN the forex market, the JPY remains a strongest of the major currencies. The CAD is the weakest with the USDJPY and USDCAD trading to new session extremes. THe USD is getting stronger in early NY trading as well while the EUR is getting weaker.

The JPY is the getttin stronger and the CAD is getting weaker.