Dow and Nasdaq looks for its 9th positive day in a row
<p>The major indices are higher as trading kicks off in the US. At stake today is the 8 day win streak for the Dow and Nasdaq index</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 60.63 points or 0.16% at 37366.66.</li><li>S&P up 8.14 points or 0.17% at 4748.71</li><li>Nasdaq is up 41.38 points or 0.28% at 14946.20</li></ul><p>The "Magnificent 7" are trading mixed in early trading:</p><ol><li>Tesla (TSLA): $255.02, up $2.94, an increase of 1.17%.</li><li>Meta Platforms (META): $348.57, up $3.95, an increase of 1.15%.</li><li>Alphabet (GOOGL): $137.23, up $1.43, an increase of 1.05%.</li><li>Apple (AAPL): $196.33, up $0.53, an increase of 0.27%.</li><li>Amazon (AMZN): $153.83, down $0.18, a decrease of 0.12%.</li><li>Microsoft (MSFT): $371.57, down $1.08, a decrease of 0.29%.</li><li>Nvidia (NVDA): $493.42, down $7.35, a decrease of 1.47%.</li></ol><p>US yields are lower helping the trend:</p><ul><li>2 year 4.44%, -0.9 basis points</li><li>5 year 3.927%, -2.3 basis points</li><li>10 year 3.918%, -3.8 basis points</li><li>30-year 4.032%, -3.7 basis points</li></ul><p>In other markets, </p><ul><li>Crude oil is up $0.65 at $73.45</li><li>Gold is up $8.06 or 0.40% at $2035.15</li><li>Bitcoin is trading at $42,632</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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