Dow futures traded in a 1000 point range overnight
In a pre-market that saw the Dow futures trade in a 1000 point down and up and down and up range, the major indices are opening with gains in early trading.
The snapshot of the major indices are showing:
- S&P index up 24 points or 0.82% at 2979.34
- NASDAQ index up 88 points or 1.02% at 8654
- Dow industrial average +268 points or 1.04% at 25670
In the US debt market the yields are lower with the shorter end moving down the most on expectations for easier Fed policy:
- 2 year 0.808%, -10.6 basis points
- 5 year 0.855%, -8 basis points
- 10 year 1.091%, -5.7 basis points
- 30 year 1.656%, -1.9 basis points
