Major indices are higher in early US trade. AMD, MIcrosoft, Starbucks and Pinterest report

  • Microsoft shares are higher ahead of the earnings

The major indices are higher in early US trade. After the close AMD, Microsoft, Starbucks, and Pinterest report earnings. Microsoft shares are trading up $2.15 or 0.50% in early trading.

A snapshot of the market 12 minutes into the open is showing:

  • Dow Industrial Average average is up 159.13 points or 0.39% at 40699.07
  • S&P index is up 24.31 points or 0.44% at 5487.66.
  • NASDAQ index is up 86.05 points or 0.50% at 17456.25

The small-cap Russell 2000 is also higher by 18.80 points or 0.84% at 2254.13.

Taking a look at the US debt market:

  • 2-year yield 4.381%, -0.6 basis points
  • 5-year yield 4.057%, -1.3 basis points
  • 10 year yield 4.162%, -1.5 basis points
  • 30-year yield 4.413%, -2.0 basis points

Crude oil is lower by $0.88 at $74.94, that is the lowest level since June 6. Gold is up around $10 or 0.41% or $2393.34. Bitcoin traded above $70,000 yesterday. It traded below $66,000 today to $65,867. It currently trades at $66,486.

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