Major US indices open little changed

  • Earlier gains eroded into the US open

The major US indices are opening up little changed. Earlier premarket gains have seen some erosion. The Dow industrial average is down. The S&P is modestly higher. The NASDAQ index is faring the best but off high premarket levels.

A snapshot of the market currently shows:

  • Dow Industrial Average is trading down -21.13 points or -0.06% at 33580.03
  • S&P index is trading up 2.58 points or 0.06% at 4127.08
  • NASDAQ index up 10.28 points or 0.08% at 12199.73
  • Russell 2000 index down -1.6 points or at -0.09% at 1800.69

Looking at the US debt market, yields are higher across the board:

  • two year yield 4.017% +3.7 basis points
  • five year yield 3.562% +3.4 basis points
  • 10 year yield 3.477% +4.5 basis points
  • 30 year yield 3.677% +3.2 basis points

a snapshot of the market that shows:

  • Spot gold is up $4.68 or 0.23% at $1988.89
  • Spot silver is up $0.10 or 0.46% at $24.06
  • Crude oil is at $81.64. It reached a high of $81.81. The next key target comes in at $82.60
  • Bitcoin is trading steady at $28,277, but nearer it's a high at $28,447

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