US stocks open up on first full day back from the holidays

• S&P +5 pts or +0.3% to 1836
• Dow +54 pts or +0.3% to 16524
• Nasdaq +3 pts or +0.1% to 4135

Dow daily chart 06 01 2014

US 10 year yields 2.98% -2bp

Certainly seeing no initial aftershocks from the re-opening day losses in Japan and we’re still hanging around the peaks of recent moves. We’ll see how much appetite the market has for taking on the highs in the next few sessions.