After mixed data with weaker retail sales and a stronger industrial production/capacity utilization, the US major indices are opening marginally higher. Yesterday both the S&P and NASDAQ index closed at record levels.
A snapshot of market six minutes into the open currently shows:
- Dow Industrial Average average up 71.21 points or 0.18% at 38849.32
- S&P index up 10.72 points or 0.20% at 5483.96
- NASDAQ index up 12.34 points or 0.07% at 17869.36.
The small-cap Russell 2000 is training down 0.54 points or -0.03% at 2021.46.
In the US debt market, yields are lower but off their lowest levels:
- 2-year yield 4.722%, -3.8 basis points
- 5-year yield 4.264%, -3.6 basis points
- 10 year yield 4.251%, -2.7 basis points
- 30-year yield 4.393%, -1.6 basis points
This article was written by Greg Michalowski at www.forexlive.com.
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