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Major US indices trade mixed to start take new trading week

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The major indices are trading mixed to start taking new trading day and the new trading week:

  • Dow industrial average -2.89 points or -0.01% at 42060.47
  • S&P index up 5.69 points or 0.10% at 5708.24
  • NASDAQ index up 23.13 points or 0.13% at 17971.45.

The small-cap Russell 2000 trading up 5.69 points or 0.26% at 2233.59

Microsoft has downgraded by DA Davidson to neutral. The analysts talked to diminishing AI. Shares are down -0.94%

Intel shares are up modestly by $0.25 or 1.12% as speculation of a merger with Qualcomm continue.

Yields are higher in the US by about two – three basis points.

  • 2-year yield 4.679%, unchanged.
  • 5-year yield 3.515%, +3.1 basis points
  • 10 year yield 3.760%, +3.2 basis points
  • 30 year yield 4.103%, +3.1 basis points

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