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US stocks are trading higher. NASDAQ finds buyers early

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Major US indices are trading higher. The NASDAQ index which was implying a near unchanged open has found early buyers. Major indices are showing strong gains this week. A snapshot the market currently shows:

  • Dow industrial average up 155.29 points or 0.45% at 34550.50
  • S&P index up 11.19 points or 0.25% at 4521.24
  • NASDAQ index up 46 points or 0.33% at 14184.55

Looking at the US the debt market, yields are rebounding higher after declines this week on the tamer CPI and PPI data:

  • 2-year yield 4.683%, +7.2 basis points
  • 5-year yield 3.985% +5.1 basis points
  • 10-year yield 3.787%, +2.8 basis points
  • 30-year yield 3.903% +0.9 basis points

in other markets:

  • Crude oil is down $0.30 or -0.39% at $76.59
  • Gold is down $3.15 or -0.17% at $1956.58
  • silver is up $0.12 or 0.51% $24.91
  • Bitcoin is trading at $31,135

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