The major US stock indices are trading marginally higher today. Higher yields after the better data are putting a little lid on gains.
The snapshot of the market 7 minutes into the open is showing:
- Dow up 77 points or 0.25% at 33922.94
- S&P is up 4.28 points or 0.10% at 4381.13
- Nasdaq is up7.26 points or 0.05% at 13599.01
Looking at the yield curve, yields are sharply higher:
- 2 year 4.863%, up 14.1 bps
- 5 year 4.115%, up 14.5 bps
- 10 year 3.827%, up 11.1 bps
- 30 year 3.885%, up 8.1 bps