Dow industrial average lags
The major stock indices are opening higher and in the process the S&P index and NASDAQ index are making all time new highs.
A snapshot 5 minutes after the official opening is showing:
- S&P index +12.12 points or 0.36% at 3364.21.
- The NASDAQ index +35.216 points or 0.37% at 9663.60
- Dow up 71.75 points or 0.25% at 29348.53.
Facebook is lower after being downgraded to a sell by Pivotal Research.
In other markets:
- spot gold is trading up $1.14 or 0.07% at $1573.29
- WTI crude oil futures are trading up $0.86 or 1.73% at $50.43
- 10 year yield is trading at 1.574%, up 0.5 basis points
in the forex::
- The GBPUSD cracked above its 100 hour moving average at 1.29378 and is currently trading at 1.29536.
- The EURUSD moved to a new four-month low to 1.0890 but has since rebounded back above the 1.0900 level and trades at 1.0915 currently just off the high price for the day
