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US stocks are rebounding modestly after yesterday’s declines

The major US indices are opening mixed/little changed. The Russell 2000 is higher and leading the way

Yesterday all three major indices fell.

  • Dow Industrial Average fell -324.80 points or -0.85% at 42,740.42
  • S&P fell -44.59 points or -0.76% at 5815.26.
  • Nasdaq fell -187.10 or -1.01% and 18315.59.

A snapshot of the market currently shows:

  • Dow industrial average is trading up 34.81 points or 0.08% at 42775.23
  • S&P index -0.49 points or -0.01% have 5814.77
  • NASDAQ index down -17.76 points or -0.10% at 18297.82

The Russell 2000 is trading up 18.68 points or 0.83% has 2268.50

Looking at the US debt market:

  • 2-year yield 3.929%, -2.1 basis points
  • 5-year yield 3.837%, -2.1 basis points
  • 10-year yield 4.010%, -2.6 basis points
  • 30-year yield 4.293%, -2.9 basis points

In other markets:

  • Crude oil is trading near unchanged at $70.63
  • Gold is trading higher and to a new record at $2684.36. The current prices trading at $2683.52.
  • Silver is also rounding strongly with a gain of $0.54 or 1.7% at $32.01
  • Bitcoin is trading midrange at $67,764. The high price reached $68,388.

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

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