US stock future imply a lower open

<p>US stock futures are implying a lower opening after sharp declines yesterday. The NASDAQ index had its 2nd worst trading day of the year with a decline of -2.43% (the worst day of the year was -2.5% on February 21). </p><p>The features are currently implying:</p><ul><li>Dow Industrial Average -24 points after yesterday's -105.45 point decline</li><li>S&amp;P -12 points after yesterday's -60.91 point decline</li><li>NASDAQ index -61 points after yesterday's -318.65 point decline</li></ul><p>Shares of Meta moved sharply higher after earnings but then tumbled lower. Currently, shares are rebounding and down only $2.23 or -0.74%.</p><p>US yields were higher earlier in the day, but then backed off even after better-than-expected durable goods and stronger GDP (sell the fact, and perhaps realization that he can't get any better than that). </p><ul><li>2 year yield 5.097% -2.3 basis points</li><li>5 year yield 4.88% -3.6 basis points</li><li>10 year yield 4.933% -1.9 basis points</li><li>30 year yield 5.068% -2.2 basis points</li></ul><p>Crude oil is trading down $2.11 or -2.47% at $83.28. Gold is down $1.50 or -0.08% at $1978.08</p>

This article was written by Greg Michalowski at www.forexlive.com.