US major indices open higher for the 3rd day in a row

  • A three-day rise in the NASDAQ would be the 1st since July

The major US stock indices are trading higher to start the day. If the price closed is higher it would be the 3rd day in a row. The NASDAQ index is not had 3 days higher in a row since July. The major indices are also on track for a higher close this week which would be the 1st after 3 weeks of declines.

A snapshot of the market currently shows:

  • Dow industrial average up 197 points or 0.62% at 31973
  • S&P index up 31 points or 0.77% at 4036.94
  • NASDAQ index up 128 points or 1.08% at 11990
  • Russell 2000 up 16.8 points or 0.91% at 1863.70

In the US debt market, the yields are lower:

  • 2 year 3.507%, unchanged
  • 5 year 3.4056%, -1.8 basis points
  • 10 year 3.300% -1 point basis points
  • 30 year 3.474% -0.4 basis points

In other markets:

  • spot gold is trading up $6 or 0.36% at 1714.80
  • spot silver is trading up $0.08 or 0.45% at $18.60
  • The price of crude oil is trading higher by $1.98 at $85.50
  • Bitcoin is back above the $21,000 level at $21,040

In the forex market, the AUD remains the strongest of the majors, while the USD remains the weakest:

Forex
The strongest to weakest of the major currencies

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