US major indices are trading lower at the opening
As the market reacts to the higher infected and death tolls at of China, the US stock indices are opening lower.
A snapshot of the major indices 4 minutes into the opening is showing:
- S&P index -12.28 points or -0.36% at 3367.17
- NASDAQ index -54.778 points or -0.56% at 9671.18
- Dow industrial average -127.23 points or -0.43% at 29424.19
In the US debt market, yields are lower but off lowest levels:
- 2 year, 1.431%, -1.2 basis points. The low yield reached 1.391%
- 5 year 1.4355%, -1.4 basis points. The low yield reached 1.386%
- 10 year 1.6207%, -1.2 basis points. The low yield reached 1.566%
- 30 year 2.086%, -0.2 basis points. The low yield reached 2.0348%
