The major US stock indices are rebounding. The Dow industrial average is now higher by 240 points or 0.51%. The gains are led by Disney and salesforce with 13 of the Dow 30 now up over 1%:
Walt Disney (DIS): +2.99%
Salesforce Inc (CRM): +2.65%
Goldman Sachs (GS): +2.18%
3M (MMM): +2.17%
Visa A (V): +2.20%
Cisco (CSCO): +2.09%
Travelers (TRV): +2.04%
Sherwin-Williams (SHW): +1.94%
American Express (AXP): +1.76%
JPMorgan (JPM): +1.67%
Home Depot (HD): +1.51%
Johnson & Johnson (JNJ): +1.11%
Honeywell (HON): +1.01%
The S&P and NASDAQ remain in negative territory with the S&P down -0.28% while the NASDAQ index is down -0.75%.
Meta remains under pressure with a decline of 10%. Nvidia is down -1.6% and Broadcom is down -3.04%.
Microsoft, which also posted after the close late yesterday is down -2.74%, but Alphabet shares are rising by 2.54% after the earnings release.
US yields are higher but after highest level:
- 2 year yield 3.60%, +1.4 basis points
- 5 year yield 3.709%, +1.1 basis points
- 10 year yield 4.083%, +2.5 basis points
- 30 year yield 4.639%, +4.1 basis points
Crude oil is near unchanged at $60.49.
Gold is higher by $65 what's just below the $4000 level at $3993
Bitcoin is down $-2000 at $107,944
