The S&P continues to push the record books with an opening high of 1886.97 and is currently just below that at 1886.14, +0.02%.
The dow and Nasdaq are mixed early on with the Dow -11 to 16520 and the Nas +16 to 4284. No doubt yesterdays car sale figures have lent a bid tone to stocks as a general view of positivity in the economy and we could see that continue into Friday’s jobs numbers.
US bond yields have been rising after the ADP report with 10 yr yields up to test 2.80% managing a 2.7972% high.
US 10 yr yields daily chart 02 04 2014
