Major US stock indices open lower after the much stronger than expected US jobs data.
<p>The major stock indices are opening lower after the much stronger than expected US jobs data. However, indices are off their lowest premarket levels.</p><ul><li>Dow industrial average is down -60.69 points or -0.18% at 33058.89</li><li>S&P index -16.54 points or -0.39% at 4241.64</li><li>NASDAQ index -56.57 points or -0.43% at 13163.26</li></ul><p>Looking at the US yield curve:</p><ul><li>2 year yield 5.093% +7.1 basis points</li><li>5 year yield 4.788%, +10.6 basis points</li><li>10 year yield 4.828% +11.2 basis points</li><li>30 year yield 4.987% +10.0 basis points</li></ul><p>In other markets:</p><ul><li>Crude oil is trading up $0.40 at $82.66.</li><li>Spot gold is up $4.04 or 0.22% $1824.19</li><li>Bitcoin is trading at $27,580</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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