A little weakness
The US stocks are opening with small changes:
- S&P is up 1 point or 0.03%
- Nasdaq is down -5 points or -0.09%
- Dow is down -25 points or -0.10%
In other markets at the US stock open:
- Spot gold is little changes at -$0.29
- WTI crude oil is unchanged at $72.78
In the US debt market, yields are trying to inch higher:
- 2 year 2.508%, up 0.4 bps
- 10 year 2.834%, up 0.9 bps
- 30 year 2.975%, up 0.8 bps
Other stuff today:
- The US treasury will auction 7 year notes at 1 PM ET.
- Fed's Bullard will speak at 9:45 AM ET. He is more of a dove.
- The Kansas City Fed Man. Activity index will be released at 10 AM ET for June. Estimate is 26 vs 29 last month
World Cup schedule (London time).