US stock market open 6 January 2017
All that extra moolah going into people's pockets is sure to get them spending and help make America great again, is it not? US stocks don't seem to think so.
S&P -4pts to 2264
Dow -47pts to 19851
Nasdaq -1pts to 5486
US 10 year yields 2.39% +4bp
The air has come out of the USD NFP balloon as USDJPY tops out at 116.75 and trades down to 116.40.