The large cap stocks of the Dow are the weakest
The US major stock indices are trading lower/mixed in early trading
- The S&P is down -3.0 points or -0.11% at 2730. The early session low reached 2726.83.
- The Nasdaq is trading above and below unchanged. It is up 2.0 points or 0.04% at 7427.60
- The Dow is down -53 points or -0.21% at 24837. The low reached 24811
US yields which were hanging around unchanged levels at the start of the NY session, are a little lower after the weaker than expected weekly claims.
- 2 year 2.508%, -2 bps
- 5 year 2.810%, -1.4 bps
- 10 year 2.975%, -1.8 bps
- 30 year 3.13%, -2.0 bps
Spot gold is up $5.79 or 0.45% at $1299.16. The price did take a quick look above the $1300 to $1300.50 at the highs.
WTi crude oil is trading lower by -$1.07 or 01.49% at $70.77. The low today reached $70.52. A move below the $70 level might get traders attention.
Bitcoin is trading at $7515, down -$75 on the day. The low did extend to $7269. The high reached $7734.
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