After mixed data with weaker retail sales and a stronger industrial production/capacity utilization, the US major indices are opening marginally higher. Yesterday both the S&P and NASDAQ index closed at record levels.
A snapshot of market six minutes into the open currently shows:
Dow Industrial Average average up 71.21 points or 0.18% at 38849.32S&P index up 10.72 points or 0.20% at 5483.96NASDAQ index up 12.34 points or 0.07% at 17869.36.
The small-cap Russell 2000 is training down 0.54 points or -0.03% at 2021.46.
A look at some of the large-cap market favorites:
Meta Platforms, -0.28%Amazon, -0.57%Nvidia, +0.69%Super Micro Computers, +2.19%Alphabet, -0.60%Apple unchangedMicrosoft -0.24%Tesla -1.24%Micron +4.64%AMD -1.58%Netflix +0.60%CrowdStrike, unchangedBroadcom, -0.19%
In the US debt market, yields are lower but off their lowest levels:
2-year yield 4.722%, -3.8 basis points5-year yield 4.264%, -3.6 basis points10 year yield 4.251%, -2.7 basis points30-year yield 4.393%, -1.6 basis points
This article was written by Greg Michalowski at www.forexlive.com.
