Major indices up on hope for positive US/China

The US major indices opened higher and are moving higher in early trading. The major indices are trading at session highs.

The snapshot of the indices are now showing:

  • S&P index, +13.39 points or 0.46% at 2930.77
  • NASDAQ index +75.97 points or 0.96% at 7960.69
  • Dow industrial average up 100 points or 0.38% at 26648.90

In the US debt market, yields are higher with the yield curve steepening at least from the 2 year pivot.

  • 2 year 1.742%, +1.1 basis points
  • 5 year 1.763%, +3.9 basis points
  • 10 year 2.015%, +3.0 basis points
  • 30 year 2.538%, +2.0 basis points