The 2nd half of the trading year is underway and the US stocks are trading mixed in a semi-holiday. Major indices will close at 1 PM ET as traders head to the beach and parks for the July 4 holiday tomorrow (if they aren’t already taking the day off).
The 1st half of the year saw solid gains in the broader indices. The Dow Industrial average also managed a gain, but it’s gains were dwarfed by the moves in the S&P and the NASDAQ index. In the 1st half the year:
- Dow industrial average rose 3.8%
- S&P index rose 15.91%
- NASDAQ index had its best 1st half of the year in 40 years with a gain of 31.73%
In early trading today, the major indices are
- Dow Industrial Average is trading down -102.0 or -0.30% at 34305.48
- S&P index is down -5.71 points or -0.12% at 4444.83
- NASDAQ index is up 29 points or 0.21% 13816.40
Looking at the debt market, yields are now trading mixed as earlier gains are erased:
- 2 year yield 4.902% +2.5 basis points
- 5 year yield 4.138% +0.5 basis points
- 10 year yield 3.813% -0.6 basis points
- 30 year yield 3.831% -2.3 basis points
in other markets:
- Crude oil is up $0.26 or 0.37% at $70.89
- Gold is up $4.80 or 0.25% at $1924.28
- Silver is up $0.19 or 0.84% at $22.93
- Bitcoin is trading at $30,618