Major US stock indices opening lower. The declines are led by the NASDAQ index.

<p> The major US stock indices are opening a lower led by the NASDAQ index. Yesterday, the NASDAQ index fell -0.84% outpacing the declines by the S&amp;P of -0.54% and the Dow industrial average of -0.11%.</p><p>The major indices are up for 5 consecutive weeks, but with declines for the first 2 trading days of the week, that streak may be in jeopardy.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow industrial average is down -89 points or -0.25% at 36116</li><li>S&amp;P index is down -14.3 points or -0.32% at 4555.56</li><li>NASDAQ index down -54.0 points or -0.38% at 14133</li></ul><p>Looking at the US debt market, yields are lower across the yield curve:</p><ul><li>2-year yield 4.624% -3.4 basis points</li><li>5-year yield 4.185% -5.2 basis points</li><li>10-year yield 4.214% -7.1 basis points</li><li>30-year yield 4.364% -7.3 basis points</li></ul><p>Looking at other markets:</p><ul><li>Crude oil is rebounding and trades up $0.55 or 0.75% at $73.60. The low price reached $72.17 before rebounding</li><li>Gold is down -$4.90 or -0.25% at $2023.90. Gold reached an all-time high yesterday at $2146.79.</li><li>Silver is down 12% or -0.50% at $24.35.</li><li>Bitcoin is trading above $42,000 at $42,050</li></ul><p>The JPY remains the strongest of the major currencies while the AUD remains the weakest. </p><p>The S&amp;P global composite index for November will be released at 9:45 AM ET. The preliminary composite figure came in at 50.7 with the servicespreliminary coming at 50.8.</p><p>At 10 AM, the ISM PMI data for November will be released with expectations of 52.0 versus 51.8 last month.</p><p>Also at 10 AM, the JOLTs job openings for October are expected at 9,300,000 versus 9,553,000 last month</p>

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