US stocks open in the red

Stock open for the week, not encouraging

The US major indices are opening with declines. The snapshot of the market is showing:

  • S&P index down -16. points or -0.60%
  • Nasdaq down -33 points or -.49%
  • Dow down -179 points or -0.74%

IN the US debt market yield are lower:

  • 2 year 2.7227%, -1.0 basis points
  • 5 year 2.717%, -1.3 basis points
  • 10 year 2.870%, -1.1 basis points
  • 30 year 3.1347%, -1.0 basis points

In other markets:

  • Spot gold is trading up $3.80 or 0.31% at 1242.21.
  • WTI crude oil futures are trading up $.15 or 0.29% at $51.35.
  • Bitcoin on Coinbase is currently at $194 at $3397. The price remains above its 200 hour moving average currently at $3327.

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