But losses are modest
The US stock market started the day in the red and stayed that way for the day.
The S&P index was down -11.92 points or -0.54%
The Nasdaq composite was down -34.90 points or -0.66%
The Dow industrial average was down -83.31 points or -0.45%
In the US debt market, yields are higher but off peak levels.
- 2 year note yield 0.7459%, +2 BP
- 5 year note yield 1.1575%, +2 BP
- 10 year note yield 1.5746%, +1 BP
- 30 year bond yield, 2.2861%, unchanged.
CRB commodity index is up 0.81% on the day.
Gold is up 0.5% on the day.
