The major indices open lower to start the week
The major US stock exchanges have opened for trading this week and the indices are pointing to the downside.
A snapshot of the markets couple minutes into the opening are showing:
- S&P index, -7.76 points or -0.23% at 3319.95
- NASDAQ index -14.61 points or -0.15% at 9505.90
- Dow is trading down 81.86 points or -0.28% at 29020.65
Apple is under pressure you today as a result of supply chain issues from China. Apple shares is trading down -0.81% currently.
in the US debt market yields are pointing to the downside as well:
- 2 year 1.379%, -2.2 basis points
- 5 year 1.378%, -2.6 basis points
- 10 year 1.557%, -2.5 basis points
- 30 year 2.02%, -2.5 basis points
in other markets:
- spot gold is trading up $3.35 or 0.21% at $1573.72
- WTI crude oil futures are trading down $0.38 or -0.76% and is back below the $50 level at $49.94
