US stocks open with modest losses after the sharp run up yesterday

Decline is a fraction of the gains from yesterday

The major US indices are opening with modest losses after the sharp run up yesterday that saw the Nasdaq up 200 points and the Dow rising by 600 points

The numbers today show:

• The S&P is down -8 points or -0.28% at 2736.88
• The Nasdaq is down -18 points or -0.22% at 7275
• The Dow is down -38 points or -0.15% at 25334.