Major US stock indices have now erased all the declines. The gains are led by the Dow Industrial Average retreated up 0.56%. The NASDAQ index is now up 0.14%:
- Dow Industrial Average average up 213 points or 0.56% at 39096
- S&P index up 16.10 points or 0.30% at 5369.50
- NASDAQ index of 23.76 points or 0.14% at 17197
US yields remain higher with the 2-year up 13.7 basis points at 4.857%. The 10 year yield is up 14.5 basis points at 4.425%.
In other markets, crude is little changed. Gold and silver are reacting negatively to the rise in yields and rise in the USD.
- Crude oil is up $0.14 at $75.69.
- Gold is down $-61 or -2.56% at $2314.90
- Silver is down $-1.61 or - 5.18%. That's the largest one-day decline since October 2023 when the price fell my 5.19%. You would have to go back to February 2021 if the price moves lower
![Silver](https://images.forexlive.com/images/Silver_id_129014c2-fbf0-44e8-8ad3-2fdde479b259_original.jpg)
The USD is the runaway strongest with gains of 1.29% vs the NZD and 1.08% vs the AUD as commodity prices sink.
![Forex](https://images.forexlive.com/images/Forex_id_a4aab680-1445-4859-91f6-53914d2653c7_original.jpg)