US stocks trading modestly lower at the start of the day

  • Dow industrial average down the most

The major US stock indices are trading modestly lower at the start of the trading day:

  • Dow industrial average is trading down 93 point -0.29% at 31838
  • S&P index is down -7.0 points or -0.19% at 3933.64
  • NASDAQ index is down -9.4 points or -0.08% at 11254
  • Russell 2000 is down -1.47 points or -0.08% 1763.34

In other markets:

  • spot gold is trading down $-12.53 or -0.67% at $1853.94
  • spot silver is trading down $0.17 or -0.79% at $21.90
  • WTI crude oil is trading up $0.50 at $110.25
  • Bitcoin is trading at $29,644.20, below the $30,000 level

In the US debt market

  • 2 year yield 2.472%, -1.3 basis points
  • 5 year yield 2.699%, -4.4 basis points
  • 10 year 2.731%, -2.3 basis points
  • 30 year 2.957%, -1.3 basis points

Durable goods came in weaker than expected with lower revisions (although levels were higher from the previous month).

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