Decent gains for the major indices at the start
The major US indices are opening with decent gains. Better retail sales are increasing confidence for solid GDP growth.
- S&P is up 7.92 points or 0.28% at 2783
- Nasdaq is up 33.78 point or 0.44% at 7729
- Dow is up 81 points or 0.33% at 25280.
In the US debt market, yields are a lower:
- 2 year 2.56%, down -0.8 bps
- 10 year 2.948%, down -1.8 bps
- 30 year 3.067%, -1.9 bps
In other markets:
- Gold is up $5 to $1304.29
- WTI crude is at $67 up $0.39.