The major US stock indices are trading higher in early US trading. The S&P and Dow are raising some of the comments from yesterday. The NASDAQ is doing better than the decline from yesterday. The Dow industrial average has been down 6 the last 7 days and for the month of May only has 2 days where the price moved higher (10 days lower).
A snapshot of the market 13 minutes into the open is showing:
- Dow industrial average up 115.39 points or 0.35% at 33127.54
- S&P index up 14.5 points or 0.35% at 4124.39
- NASDAQ index of 32.29 points or 0.26% at 12375.35
- Russell 2000 is up 8.64 points or 0.50% at 1744.79
In the US debt market, the shorter end is higher while longer end is lower. The US treasury will auction off 20 year notes at 1 pm ET. A snapshot of the market shows:
- 2 year yield 4.109% +3.6 basis points
- 5 year yield 3.539% +1.8 basis points
- 10 year yield 3.545% -0.4 basis points
- 30 year yield 3.858% -1.5 basis points
The 20 year yield is currently at 3.955% -1.3 basis points ahead of that auction.
Crude oil is up near a dollar at $71.80. Gold is down $8.24 as a trades back below the 2000 level at $1980.38.Bitcoin is below $27000 at $26,727