US stocks are trading mixed/little changed in early US trading

<p>The major US stock indices are opening higher after rising yesterday. The major indices are on a 8-week winning streak. </p><p>Recall from yesterday:</p><ul><li>Dow Industrial Average rose 159.36 points or 0.43% at 37545.34</li><li>S&amp;P index rose 20.10 points or 0.42% at 4774.74</li><li>Nasdaq index rose 80 160 points or 0.54% at 15074.57</li></ul><p>The small-cap Russell 2000 index was the biggest unit with a gain of 25.23 points or 1.24%, as investors plopped into the riskier rate sensitive sector.</p><p>A snapshot of the major indices shows shows mixed result in early trading:</p><ul><li>Dow Industrial Average – 1.02 points or -0.01% at 37545.50</li><li>S&amp;P index up 2.91 point or 0.06% at 4777.65</li><li>Nasdaq index up 31.28 points or 0.21% at 15105.85</li></ul><p>The small-cap Russell 2000 index is trading at 702 points or 0.33% at 2066</p><p>some winners include:</p><ul><li>Meta, up 1.07%</li><li>Amazon up 0.84%</li><li>Tesla are up 1.46%</li><li>Intel continues its surge with a gain of 1.4%. Intel shares are up 92.77% in 2023 after falling -48.68% in 2023</li><li>Celsius, a popular new energy drink is trading up 2.33%</li><li>Coinbase, the top holding from Cathie Woods Ark Innovation ETF, is trading up 4.27%. For the year it is up a whopping 408%</li><li>Sofi technologies is up 1.76% to $10.14. The FinTech sector is heating up with yields moving lower. Sofi shares are up 119.96% in 2023.</li></ul><p>In the US debt market, yields are lower with the longer end declining the most:</p><ul><li>2-year yield 4.280%, -0.8 basis points</li><li>5-year yield 3.847% -2.8 basis points</li><li>10 year year 3.838% -4.7 basis points</li><li>30-year yield 3.982% -6.0 basis points</li></ul><p>Looking at other markets:</p><ul><li>Crude oil is trading down -$0.66 or -0.87% at $74.90. That comes off high prices from the settlement being reached yesterday up to $76.18. Continued attacks in the Red Sea by Houthi rebels prompted the rise yesterday despite military presence.</li><li>Gold is trading at one dollar or 0.06% at $2069.05</li><li>Silver is down four cents or -0.18% at $24.16</li><li>Bitcoin is trading at $43,024</li></ul>

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