Steady start for US stocks at the open

US stock market open 18 March 2016

  • S&P +6pts to 2047
  • Dow +55pts to 17536
  • Nasdaq +14pts to 4789

US 10 year yields 1.88% -1bp

Very remiss of me not to add oil to my prior post. That's been adding to the more positive sentiment today. WTI broke up through a fairly significant resistance level around $40 and took off to 41 pretty quickly.

We've faded back a jot now but the momentum might still be very much in place.

WTI daily chart

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