Stronger open for US stocks
<p>The US stocks are off to a solid start led by the Nasdaq index. However, for the week the major indices are still on track for a decline which would snap a five-week winning streak.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow Jones Industrial Average: The index is at 36,078.09, up 23.65 points, representing a change of 0.07%.</li><li>S&P 500 Index: This index stands at 4,572.64, up 23.29 points, which translates to a 0.51% change.</li><li>NASDAQ Composite: The value is 14,281.34, up 134.63 points, amounting to a change of approximately 0.95%</li></ul><p>Looking at the "Magnificent 7", Google is pushing sharply higher after previewing it's a Gemini artificial intelligence model:</p><ul><li>GOOGL (Alphabet Inc.): +5.47%</li><li>META (Meta Platforms): +1.60%</li><li>NVDA (NVIDIA Corporation): +1.43%</li><li>AMZN (Amazon.com, Inc.): +1.32%</li><li>AAPL (Apple Inc.): +1.12%</li><li>TSLA (Tesla, Inc.): +0.84%</li><li>MSFT (Microsoft Corporation): +0.27%</li></ul><p>US yields are mixed with the shorter end lower and the longer end higher:</p><ul><li>2-year 4.577%, -2.5 basis points</li><li>5-year 4.122%, -0.1 basis points</li><li>10-year 4.141%, +2.1 basis points</li><li>30-year 4.257%, +3.2 basis points </li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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