Major US stock indices are trading little changed in early US trading

<p>The major US stock indices are trading mixed in early US trading. The NASDAQ index is higher. The Dow and S&amp;P are trading above and below unchanged.</p><ul><li>Dow Industrial Average up 11 points or 0.04% at 34959</li><li>S&amp;P index up 2.0 points or 0.05% of 4516.10</li><li>NASDAQ index is trading up 40 points or 0.28% 14165</li></ul><p>The S&amp;P index and the Dow are on pace for their largest gain since October 2022. The NASDAQ index is on pace for its strongest gain since January.</p><p>Tomorrow, Nvidia will announce its earnings after the close. Nvidia shares are down around -$1 or -0.19% at $492. Invidious shares for the month are up 20.76%. They are rebounding from a decline of -11.87% in September and a -6.25% decline in October. For the year, however, shares are up 236.77% as they are one of the big winners from the AI revolution/evolution. The high price for the year was reached back in August at $502.66. The high price last week reached $499.60.</p><p>Looking at the US debt market, yields are mixed/marginally higher with the yield curve steepening:</p><ul><li>2 year yield 4.902%, -0.5 basis points</li><li>5 year yield 4.468% +1.4 basis points</li><li>10 year yield 4.464% +2.4 basis points</li><li>30 year yield of 4.619% +2.3 basis points</li></ul><p>Looking at the other major markets:</p><ul><li>Crude oil is trading up $1.50 or 1.96% at $77.50.</li><li>Spot gold is down $14.30 or -0.72% at $1966.42.</li><li>Spot silver is down $0.35 or -1.46% at $23.34. </li><li>Bitcoin is trading at $37,128</li></ul>

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