- S&P +11 pts to 1889
- Dow +100 pts to 16683
- Nasdaq +30 pts to 4101
US 10 year yields 2.64% +2bp
The S&P is up to test the short term resistance line and we are inching towards a test of the 1900 level.
S&P daily 12 05 2014
The moves in US stocks have given their European counterparts a secondary kick up too with the DAX breaking above 9700 to 9709. My shorts could be over pretty quickly
The early upbeat moves have given the buck a boost too knocking USD/JPY over 102 to 102.08
