Nasdaq leads the way
The US stocks are open and the major indices are higher.
- The S&P is up 7.47 points or 0.28% at 2730.84
- The Nasdaq is up 23 points or 0.31% at 7585.20
- The Dow is up 62 points or 0.26% at 24347
In other markets:
- spot gold is trading down $4.40 or -0.35% at $1254.64
- WTI crude oil futures are trading up $1.13 or 1.55% at $71.64. The contract continues to run higher on the news that the US has asked allies to cut imports from Iran to 0 by November 4
- Bitcoin on Coinbase is trading down $87 at $6095. The low extended to $6006, while the high reached $6256. The price is below its 100 hour moving average at $6135 currently. Stay below that level is more bearish
In the US debt market yields continue to move lower:
- 2 year 2.512%, -2.0 basis points
- 5-year 2.715%, -3.0 basis points
- 10 year 2.845%, - 3.1 basis points
- 30 year 2.987%, -3.7 basis points
10 year yields in Europe are are also mostly lower:
- Germany 0.324%, -1.7 basis points
- UK 1.247%, -5.6 based points
- France 0.711%, -2.8 basis points
- Spain 1.343%, -5.1 basis points
- Italy 2.812%, -7.6 basis points
- Portugal 1.835%, -4.9 basis points
