US stocks open lower. Indices still higher on the week.

<p>The major US stock indices are moving to the downside in early US trading. The declines are taking away from the gains this week, but major indices still are positive.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average -38.07 points or -0.11% at 34869.05</li><li>S&amp;P index -18.23 points or -0.40% at 4486.88</li><li>NASDAQ index -61.90 points or -0.44% at 13864.16</li></ul><p>The NASDAQ index is trading back below its 50 day moving average at 13883.80.</p><p>The S&amp;P index is just above its 50 day moving average at 4483.25.</p><p>For the trading week currently:</p><ul><li>Dow industrial average is up 0.89%</li><li>S&amp;P index is up 0.69%</li><li>NASDAQ index is up 0.80%</li></ul><p>Shares of Adobe are getting hammered with a decline of nearly 4% at $529.85 after their earnings beat expectations, but guidance disappointed for the high flyer. Shares of Adobe are up 57.31% this year.</p><p>In other markets:</p><ul><li>Crude oil is now trading down $0.51 or -0.57% and back below the $90 level at $89.66</li><li>Spot gold is trading up $15.34 or 0.80% $1926.04</li><li>Bitcoin is trading steady at $26,464</li></ul><p>In the US debt market, yields are higher as a stock trading gets underway:</p><ul><li>2 year yield is above 5% at 5.0368% up 2.3 basis points</li><li>5 year yield is at 4.454% up 3.5 basis points</li><li>10 year yield is at 4.318% up 2.8 basis points</li><li>30 year yield is at 4.397% up 1.3 basis points</li></ul>

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