US stocks open with sharp declines
There is a lot of red on the board for the major stock indices.
The snapshot of the markets a few minutes into the opening is showing:
- the S&P index -22.8 points or -0.78% at 2917.25
- The NASDAQ index 72 points or -0.91% at 7836.7
- The down industrial average -214 points or -0.81% at 26360
US yields are lower:
- 2 year 1.508%, -3.7 basis points
- 5 year 1.464%, -2.6 basis points
- 10 year 1.618%, -1.9 basis points
- 30 year 2.082%, -0.9 basis points
In other markets:
- spot gold has searched $18.50 or 1.25% at $1497.40
- WTI crude oil futures are down $0.41 or -0.76% at $53.20
