The major US stock indices are trading higher to start the day. If the price closed is higher it would be the 3rd day in a row. The NASDAQ index is not had 3 days higher in a row since July. The major indices are also on track for a higher close this week which would be the 1st after 3 weeks of declines.
A snapshot of the market currently shows:
- Dow industrial average up 197 points or 0.62% at 31973
- S&P index up 31 points or 0.77% at 4036.94
- NASDAQ index up 128 points or 1.08% at 11990
- Russell 2000 up 16.8 points or 0.91% at 1863.70
In the US debt market, the yields are lower:
- 2 year 3.507%, unchanged
- 5 year 3.4056%, -1.8 basis points
- 10 year 3.300% -1 point basis points
- 30 year 3.474% -0.4 basis points
In other markets:
- spot gold is trading up $6 or 0.36% at 1714.80
- spot silver is trading up $0.08 or 0.45% at $18.60
- The price of crude oil is trading higher by $1.98 at $85.50
- Bitcoin is back above the $21,000 level at $21,040
In the forex market, the AUD remains the strongest of the majors, while the USD remains the weakest:
The strongest to weakest of the major currencies