US stocks opening with mixed results. Recover from earlier declines.

<p>The major indices are trading mixed in early US trading. Both the Dow industrial average and S&amp;P index traded above and below the unchanged level. The NASDAQ index remains in the red but well off the premarket low levels as well.</p><p>A snapshot market 6 minutes after the open is showing currently shows:</p><ul><li>Dow industrial average is trading unchanged</li><li>S&amp;P index is trading down -6.56 points were -0.16% at 4180</li><li>NASDAQ index is trading down -14.81 points or -0.12% at 12806</li></ul><p>Looking at the US debt market, yields are lower:</p><ul><li>2 year yield 5.087% -3.4 basis points</li><li>5 year yield 4.864% -5.2 basis points</li><li>10 year yield 4.921% -3.2 basis points</li><li>30 year yield 5.062% -3.0 basis points</li></ul><p>Shares of meta are trading down $11.03 or -3.68% that $288.53. Although EPS and revenues beat expectations comfortably, investors were scared away by for guidance which was marginally lighter than expectations.</p><p>ServiceNow also reported after the close and investors are cheering on its stock today. Shares are up $40.88 or 7.8% at $571.</p>

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

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *