Dow pressured (Boeing down 4%). S&P and Nasdaq higher
The US stocks are opening mixed with the Dow down. That is largely on the back of Boeing which is down over 4% (UK grounds 737 Max 8 planes as well). The S&P and Nasdaq are trading higher. Each of those indices moved back above their respective 200 day MAs yesterday (more bullish).
A snapshot currently shows:
- S&P up 4.66 points or 0.17% at 2787.96
- Nasdaq up 10.535 points or 0.14% at 7568.59
- Dow down -28 points ro -0.11% at 25622
In the US debt market:
- 2 year 2.4608%, -1.4 basis points
- 5 year 2.4253, -1.6 basis points
- 10 year 2.628%, -1.1 basis point
- 30 year 3.024%, -0.2 basis points
In other markets:
- spot gold is up $3.86 or 0.30% at $1297.29
- WTI crude oil futures were up $.39 or 0.69% to $57.18
In the Forex market all eyes remain on the UK Brexit vote. Debate with AG Cox continues (to watch click HERE).