Gulp….Take a deep breathe… . Stocks are opening sharply lower

The major US stock indices are sharply lower at the open with the Nasdaq leading the way lower in volatile trading. I will put a snap shot but understand it is just a snap shot. Markets are moving fast.

3 minutes into the open:

• Dow -1.194 points or -2.91% at 38582.77
• S&P -215.21 points or -4.03% at 5131.34
• Nasdaq -955.76 points or -5.7% at 15820.40

in the US debt market:

• 2-year 3.770% -10.2 basis points
• 5-year 3.5 to 4%, -9.5 basis points
• 10-year 3.708%, -8.8 basis points
• 30-year 4.029% -8.1 basis points

in other markets:

• Crude oil $-0.90 or -1.17% at $72.68
• Gold $-54 or -2.23% at 2387.68.
• Silver $-1.48 or -5.10% at $27.08.
• Bitcoin $51,270 or -11.94%

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