S&P below 100 day MA at the opening
The US stocks have the jitters and are opening with sharp declines.
- S&P index is trading down -20 points at 2701. The opening is below the 100 day MA at 2710 today.
- Nasdaq is trading down -42 points or -056% at 7392
- Dow is down -203 points or -0.83% at 24541.
Financials are under pressure on the fall in yields. The 10 year yield in the US is down -6.1 bps to 2.869%.
- Citigroup is down -2.18%
- Morgan Stanley is down -1.99%
- Bank of America is down -1.98%
- Goldman is down -1.79%
- JP Morgan is down -1.67%
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