US stocks open with modest declines.

Technical Analysis

Author: Greg Michalowski | sp

Open is more positive then earlier pre-market levels

The US stock markets are open and the major indices are opening with modest declines. They also are at levels that are better than earlier pre-market levels.

The current snapshot of the market is showing: 

  • The S&P index -5.91 points or -0.20% at 2877.18
  • The NASDAQ index -10.634 points or -0.14% at 7852.77
  • The Dow is down -59.95 points or -0.23% at 25837.70
In the US debt market, yields remain mixed with the shorter and higher and the longer and lower.

  • 2 year 1.5996%, +1.6 basis points
  • five year 1.507%, +1.4 basis points
  • 10 year 1.635%, -1.0 basis points
  • 30 year 2.10%, -3.2 basis points
Spot gold has come off higher levels. The high reached $1535.14. We are currently trading at $1515.10, up $4.40 or 0.28%.

WTI crude oil futures are down $0.23 or -0.40% at $54.71.
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