S&P and NASDAQ index trade to new all-time high levels

Thanks to the tamer US data in inflation and growth numbers, yields or lowers, stocks or higher and the USD is lower.

For the US stock indices, the broader S&P and NASDAQ and are both trading at new all-time highs. The Dow industrial average at is also up on the day.

A snapshot of the market eight minutes into the open is showing:

• Dow Industrial Average average up 186.52 points or 0.47% at 39744.64
• S&P index is up 26.33 points or 0.50% at 5273.02. The new all-time high price is now at 5278.01
• NASDAQ index is up 89.45 points or 0.54% 16600.63. The new all-time high price is now at 16628.18.

The RUSSELL 2000 is trading up 21.86 points or 0.54% at 2107.56.

Looking at US yields:

• two year yield 4.753%, -6.6 basis for its
• 5-year yield 4.376%, -8.1 basis points
• 10 year yield 4.371%, -7.4 basis points
• 30-year yield 4.530%, -6.3 basis points.

This article was written by Greg Michalowski at www.forexlive.com.