The major US stock indices are trading mixed in early action. The NASDAQ and the S&P are little changed. The Dow industrial average is lower.
A snapshot of the market 11 minutes into the open and showing:
Dow industrial average -125.70 points or -0.32% at 39320.80.S&P index -2.89 points or -0.05% at 5316.41.NASDAQ and X unchanged at 16660
The small-cap Russell 2000 is also little changed with a gain of 0.73 points or 0.04% at 2085.15
For the trading week, the S&P and NASDAQ index are on pace for their fourth straight weekly decline:
Dow Industrial Average average is down -1.17%S&P index is down -0.67%NASDAQ index is down -0.83%
Looking at the US debt market, yields remain lower:
2 year yield 4.034%, -1.0 basis points5-year yield 3.778%, -5.4 basis points10 year yield 3.934%, -6.3 basis points30-year yield 4.220%, -6.5 basis points
This article was written by Greg Michalowski at www.forexlive.com.