Major indices lower in early trading

News

Major indices are experiencing a decline today, with all three showing a decrease in value.

  • The Dow Jones Industrial Average (DJI) dropped by 131.42 points, a 0.39% decrease at 33,920.29.
  • The S&P 500 (SPX) also fell by 16.14 points, representing a 0.39% declineat 4,151.74.
  • Lastly, the Nasdaq Composite (IXIC) decreased by 40.65 points or 0.33% at 12,171.95.

Yesterday, the major indices also fell modestly to start the month of May.

In the US debt market, yields are lower:

  • 2 year yield 4.128%, -1 basis point
  • 5 year yield 3.599% -3.3 basis points
  • 10 year yield 3.541% -3.3 basis points
  • 30 year yield 3.790% -2.7 basis points

in other markets:

  • Spot gold is trading up $5.50 or 0.28% at $1987.62
  • WTI crude oil is moving to the downside and is trading down around $2 at $73.70. The price moved to a new low going back to March 30.

Articles You May Like

USD/CAD continues to break out
Alibaba posts profit beat as China looks to prop up tepid consumer spend
Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings
The USDJPY, GBPUSD and USDCHF are each using the 100 hour MA as a risk/bias defining level
Jim Cramer’s week ahead: Earnings from Nvidia, TJX and Walmart

Leave a Reply

Your email address will not be published.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