There is a modestly higher opening for the major US indices. A snapshot of the market currently shows:
- Dow Industrial Average up 60.83 points or 0.18% at 33930.11
- S&P index up 4.69 points or 0.11% or 4095.14
- NASDAQ index of 19.0 points or 0.16% at 11737.12
- Russell 2000 down -3.585 points or -0.19% at 1915.22
The 4100 to 4101 area remains a short-term barometer for the S&P index. Recall that area was home to swing highs from December. The price moved above on February 1 but close back below the level on Thursday and stayed below on Friday. Getting back above the level would give buyers some added confidence.
S&P index is trading near the 4100 level
In the US debt market, yields are mixed:
- 2 year yield 4.551%, +3.8 basis points
- 5 year yield 3.936% +1.3 basis points
- 10 year yield 3.730% -1.3 basis points
- 30 year 3.795% -3.1 basis points
in other markets:
- spot gold is trading down $-9.47 or -0.51% at $1855.67
- spot silver is trading down $0.10 or -0.47% to $21.86
- WTI crude oil is down $0.53 at $79.19
- Bitcoin is trading at $21,646 near unchanged from early New York levels