Major US stock indices mixed. S&P largely higher. Dow and NASDAQ lower

<p>After sharp games yesterday, the major US stock indices are opening mixed.</p><p>A snapshot the market currently shows:</p><ul><li>Dow industrial average is down -78.79 points or -0.24% at 32850.18</li><li>S&amp;P index is up 1.15 points or 0.03% at 4167.98</li><li>NASDAQ index is down -17.22 points or -0.13% at 12772.26</li></ul><p>Looking at US yields, the yields are mixed with the shorter and higher in the longer and lower:</p><ul><li>2 year yield 5.074% +3.6 basis points</li><li>5 year yield 4.816% +1.2 basis points</li><li>10 year yield 4.868% -0.8 basis points</li><li>30 year yield 5.016% -1.7 basis points</li></ul><p>In other markets:</p><ul><li>Crude oil is up $0.12 at $82.40</li><li>Gold is near unchanged at $1995.70</li><li>Silver is $-0.28 at $23</li><li>Bitcoin is trading down marginally 34,003 and $57</li></ul><p>Looking ahead, the Conference Board consumer confidence for October will be released at 10 AM with expectations of 100.0 versus 103.0 last month (down from 108.7 in August).</p><ul><li><p>The Present Situation Index, which reflects consumers' assessment of current business and labor market conditions, saw a slight increase, rising to 147.1 from 146.7.</p></li><li><p>However, the Expectations Index, based on consumers' short-term outlook for income, business, and labor market conditions, declined to 73.7 in September, down from 83.3 in August. This drop brought expectations below the 80-level historically associated with signaling a recession within the next year.</p></li><li><p>The decline in the Expectations Index and the increase in consumer fears of an impending recession suggest concerns about the economic outlook, aligning with the anticipation of a short and shallow economic contraction in the first half of 2024.</p></li></ul>

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