Mixed start to the last trading day of the year for major stock indices

<p>The major US indices are mixed/little changed in early trading. That risk is the eight-week winning streak heading into the last trading day/week of the year.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Industrial Average up 34.18 points or 0.09% at 37744.29</li><li>S&amp;P index up 1.98 points or 0.04% at 4785.34</li><li>Nasdaq index -2.30 points or -0.02% at 15092.84.</li></ul><p>Yesterday Dow Industrial Average closed at a new all-time high close. The S&amp;P index that within about three points of its all-time high closing level at 4796.57. The intraday all-time high price for the S&amp;P is 4818.62.</p><p>For the trading week:</p><ul><li>Dow Industrial Average is up 0.92%</li><li>S&amp;P index is up 0.67%</li><li>Nasdaq index is up 0.71%</li></ul><p>The small-cap Russell 2000 index is trading down -2.586 points or -0.13% at 2055.72. For the trading week, the index is up 1.07%.</p><p>Looking at the US debt market, yields are marginally higher:</p><ul><li>2-year yield 4.291%, +1.0 basis points</li><li>5-year yield 3.861% +1.4 basis points</li><li>10-year yield 3.867% +1.8 basis points</li><li>30-year yield 4.01% +2.1 basis points</li></ul>

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