Mixed open for the major indices. Dow lower. Modest gains for S&P and Nasdaq.
<p>The major US stock indices are opening with mixed results. The Dow Industrial Average is down as 3M disappoints with their guidance (-9.46%). The S&P is up modestly as is the NASDAQ index. Yesterday both the S&P and the Dow industrial average closed at record levels. </p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average -94.68 points or -0.25% at 37907.14</li><li>S&P index up 4.10 points or +0.08% at 4854.54</li><li>NASDAQ index of 24.62 points or 0.16% at 15384.90</li></ul><p>US yields are higher:</p><ul><li>two year yield 4.418% +4.3 basis points</li><li>5-year yield 4.061% +4.7 basis points</li><li>10 year yield 4.145% +5.1 basis points</li><li>30-year yield 4.373% +5.7 basis points</li></ul><p>Crude oil is trading down -$0.46 or -0.60% at $74.30.</p><p>Gold is trading at $2.61 or 0.14% at $2024. </p><p>Bitcoin remains under pressure with the price is trading at $38,694.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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