US stock market open 10 March 2015
- S&P -10pts to 2069
- Dow -82pts to 17913
- Nasdaq -41pts to 4900
US 10 year yields 2.13% -7bp
Some sizeable moves in US Treasury yields today and that could be attributed to flows from Europe. Certainly there's not running to stocks at the moment with European equities well down and the US looking likely to join them
At the top of the hour we get Jan US wholesale inventories and sales. Inventories are expected in flat following a 0.1% rise in Dec. Sales are expected in at -0.3% vs -0.4% prior.
Jolts follows a few seconds (usually) after that and we're looking for 5.053m openings vs 5.028m in Dec