The major US indices are opening with was gains/losses. The NASDAQ and S&P are near unchanged. The Dow industrial average is down -0.10%.
A snapshot of the markets shows:
- Dow industrial average -20.99 points or -0.09% at 32880.61
- S&P index -1.86 points or -0.05% at 4126.86
- NASDAQ +6.90 points or 0.06% of 12388.20
- Russell 2000 up 1.00 points or 0.05% at 1920.14
In the US debt market, yields are moving higher:
- two year 3.352%, +4 point basis points
- five year 3.217%, +4.9 basis points
- 10 year 3.095%, +4.5 basis points
- 30 year 3.29%, +3.0 basis points
The US treasury will be selling five year notes at 1 PM ET.
The USD moved to new session highs vs all the major currencies in the early US trading, helped by rising yields. The USD is now the strongest of the major currencies. The NZD remains the weakest .
The strongest to weakest of the major currencies
This article was originally published by Forexlive.com. Read the original article here.