S&P and Nasdaq down for the week too

The US stock market is ending weaker with the major indices showing declines. The NASDAQ composite was the hardest down -1.29%. The S&P index fell by -0.92%

For the week, the NASDAQ fell by -.97%, the S&P was down by my 0.15%, but the Dow Jones industrial average increased by 0.33%.

In the US debt market, yields were lower.

  • two-year yield 0.730%, -4 basis points
  • 5 year note yield 1.167% -5 basis points
  • 10 year note 1.642%, -4 basis points
  • 30 year bond yield 2.455% -3 basis points

Crude oil is down 3.11% to $49.02. This week, the high squeezed up to $51.64 before heading back lower over the last few trading days.

Gold is trading at $1275. Last week the precious metal closed around the 1244 level.