US stock futures are implying a mixed opening. Dow and S&P lower. NASDAQ higher

<p>Major US indices are expected to open mixed with the futures implying a decline in the Dow and S&amp;P while the NASDAQ is higher in premarket trading. The Nasdaq is higher for seven days, while the Dow and S&amp;P 500 have seen gains for six consecutive days. </p><p>The futures implying:</p><ul><li>Dow industrial average down -36 points</li><li>S&amp;P index -1 point</li><li>NASDAQ index up 40 points</li></ul><p>The major indices moved closer to their key 100-day moving averages yesterday but are still short. Indices are above their 50 day moving averages, however.</p><ul><li>Dow industrial average 100-day moving average is at 34268.88. Its 50-day moving average (support) is at 33874.06. The closing price yesterday was at 34095.87</li><li>S&amp;P 100-day moving averages at 4403.20. Its 50-day moving average is at 4346.85. The closing price yesterday was at 4365.99.</li><li>NASDAQ index 100-day moving average 13618.40. Its 50-day moving average is at 13423.20. The closing price yesterday was at 13518.78</li></ul><p>Bond-buying continues, pushing yields lower and supporting the stock market despite recent 10-year Treasury yields topping 5% in October. The 10 year yield is now trading at 4.614%, down about 5 basis points on the day. </p><p>U.S. oil prices are down 2.17% and testing $79 per barrel due to mixed China economic data offsetting Saudi Arabia and Russia extending their production cuts. </p><p> WeWork filed for bankruptcy, with unclear ownership of troubled properties. </p><p>RBC Capital initiated holds on Home Depot (HD) and Lowe's (LOW), and Barclays lowered HD's price target, suggesting it might miss the quarter. </p><p>Oppenheimer raised Walmart's (WMT) price target to $185 per share, anticipating strong demand; WMT reports quarterly results on November 16.</p>

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