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Major US stock indexes are trading mixed in early trading. The Nasdaq and S&P were little changed. The Dow Jones Industrial Average was down.
A picture of the market 11 minutes after opening, showing:
- The Dow Industrial Average fell -125.70 points, or -0.32%, to 39,320.80.
- The S&P 500 fell 2.89 points, or 0.05%, to 5,316.41.
- Nasdaq X unchanged at 16660
The Russell 2000 index of small-cap stocks was little changed, up 0.73 points, or 0.04%, at 2,085.15.
For the trading week, the S&P and Nasdaq are on track to post their fourth straight weekly declines:
- The Dow Industrial Average fell -1.17%.
- The S&P fell -0.67%.
- Nasdaq down -0.83%
The S&P 500 has been trading above and below its 100-day moving average for the past three trading days. This moving average is at 5312.22. The price is trading above and below this level in early trading today:
Looking at the US debt market, yields remain low:
- 2-year yield 4.034%, -1.0bp
- 5-year yield 3.778%, -5.4 bps
- 10-year yield 3.934%, -6.3 bps
- 30-year bond yield 4.220%, -6.5bps
This article was written on www.forexlive.com.
