Monday , 11 November 2024
Home Forex US stocks are trading mixed at the open.Dow Industrial Average average lower.NASDAQ higher
Forex

US stocks are trading mixed at the open.Dow Industrial Average average lower.NASDAQ higher

The major US stock indices are trading mixed after 6 minutes of trading

  • Dow industrial average -40 points work -0.11% at 38759
  • S&P index +3.95 points or 0.08% at 5358
  • NASDAQ index up 42.9 points or 0.25% at 17231

The small-cap Russell 2000 is -8.15 points or -0.40% at 2055.62

Shares of Nvidia are higher by another 1.95% pushing its market capitalization for $3.066 trillion and further away from Apple in the number 2 position behind Microsoft was market Is $3.16 trillion

Looking at the US debt market, yields are marginally higher after another down day yesterday. The yields have moved down around 35 basis points over last 5-6 trading days as concerns about growth and the economy surface. Today, initial jobless claims were higher than expectations. The US jobs report will be released tomorrow at 8:30 AM.

  • Two year yield 4.730%, unchanged
  • 5-year yield 4.304%, -0.2 basis points
  • 10 year yield 4.296%, +0.8 basis points
  • 30-year yield 4.450%, +0.9 based stats

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

PBOC governor will maintain yuan exchange rate at a reasonable, balanced level

Will step up countercyclical adjustmentShould resolutely guard against the risk of exchange...

Crude Oil Technical Analysis – The bulls need to break this key resistance

Fundamental OverviewCrude oil continues to display a rangebound price action as it...

USD/CAD holds comfortably above 1.3900 mark amid notable USD strength

The USD/CAD pair attracts buyers for the second successive day on Monday...

SNB total sight deposits w.e. 8 November CHF 463.5 bn vs CHF 456.6 bn prior

Domestic sight deposits CHF 455.4 bn vs CHF 447.8 bn priorSwiss sight...