Pre-market losses are erased and the indexes head up
The major US stock indices erased the pre-market losses and are trading in the black at the start of the trading day:
- The S&P index is trading up 11.21 points or 0.42% at 2655
- The NASDAQ indexes trading up 19 points or 0.27% at 7186
- The Dow industrial average as trading up 100 points or 0.4% at 24052
In the US debt market, yields are holding onto modest gains (in yields).
- two-year 2.28%, +0.4 basis points
- five-year 2.63%, +0.5 basis points
- 10 year 2.836%, up 1.0 basis points
- 30 year 3.077%, up 1.4 basis points
Some stocks of note in early trading:
- Caterpillar is up 1.27% after getting smashed yesterday
- Boeing is up 0.58%
- Cisco is up 1.03%
- twitters of 0.88%
- Facebook is up 0.79%. A modest rebound after the sharp fall this week
- Home Depot's is up 0.77%
- Lockheed Martin is up 1.11%
Some losers today include
- Micron -4.38%
- Deutsche Bank continues to suffer entreats down -1.97%
- Tesla -1.33%
- Nvidia -1.31%
- Intel -1.02%
- Amazon -0.59%