Home Depot, Caterpillar hurting the Dow
The US stock market is open with the Dow leading the way to the downside. Home Depot reported weaker top bottom line earnings today. Caterpillar is also lower.
A snapshot is showing:
- Dow, down -110 or -0.42% at 25893
- S&P down -6.23 points ro -0.22% at 2789.88
- Nasdaq down -26.08 points or -0.35% at 7528.37
In the US debt market, yields are lower
- 2 year, 2.481% -2.4 basis points
- 5 year 2.443%, -3.1 basis points
- 10 year 2.635%, -2.7 basis points
- 30 year 3.01%, -1.7 basis points
In other markets:
- spot gold, $-1 or -0.08% at $1326.70
- WTI crude oil futures are up $.32 or 0.56% at $55.80
The GBP has given up some of the gains vs the major pairs (from the NA session open). THe AUD has relinquished the weakes currency to the CAD.