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US stocks trading marginally higher to start the trading week

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The major US stock indices are trading marginally higher to start the week. Recall on Friday, both the S&P and Dow industrial average closed at record levels. During the week, the NASDAQ index extended above the all-time high closing level at 16057.44 but could not close above that level during the week.

A snapshot of the market currently shows:

  • there industrial average rose 65.91 points or 0.17% at 39197.45
  • S&P index rose 7.81 points or 0.15% at 5096.60
  • NASDAQ index rose 25.45 points or 0.16% at 16022.28

The small-cap Russell 2000 index, is trading above and below unchanged on the day.

Looking at the US debt market, yields have turned higher from earlier in the US session

  • 2-year yield 4.703%, +1.3 basis points
  • 5-year yield 4.288%, +0.4 basis points
  • 10 year yield 4.259%, unchanged
  • 30-year yield 4.372% -0.0 basis points

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