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US stocks higher and on pace for gains for the trading week

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The major stock indices are opening mostly hired for the day and are on pace for gains for the week.

A snapshot of the market currently shows:

  • Dow industrial average is trading up 168 points or 0.42% at 39554. The index is on pasteboard eight consecutive up day. For the week the index is up 2.27%.
  • S&P index is trading up 19.9 points or 0.39% at 5233.60. The index is up 2.08% on the week.
  • NASDAQ index. Is trading up 64.98 points or 0.40% at 16411.86. The index is up 1.58% for the week

The small-cap Russell 2000 is also higher by 4.69 points or 0.23% at 2078.32. For the week the index is up 2.08%

Looking at the US that market, yields are trading higher:

  • 2-year yield 4.838%, +3.1 basis points
  • 5-year yield 4.496%, +3.7 basis points
  • 10 year yield 4.488%, +4.0 basis points
  • 30-year yield 4.633%, +3.3 basis points

A snapshot of other markets as stock trading gets underway shows:

  • crude oil is up $0.53 or 0.67% at $79.80.
  • Gold is trading up $20.30 or 0.86% at $2365.75.
  • Silver is trading down two cents or -0.09% at $28.29
  • Bitcoin is trading at $63,008.

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