US stocks marginally higher to a start the trading day

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 38849.32
• S&P index up 10.72 points or 0.20% at 5483.96
• NASDAQ 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 unchanged
• Microsoft -0.24%
• Tesla -1.24%
• Micron +4.64%
• AMD -1.58%
• Netflix +0.60%
• CrowdStrike, unchanged
• Broadcom, -0.19%

In the US debt market, yields are lower but off their lowest levels:

• 2-year yield 4.722%, -3.8 basis points
• 5-year yield 4.264%, -3.6 basis points
• 10 year yield 4.251%, -2.7 basis points
• 30-year yield 4.393%, -1.6 basis points

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