US stocks open with modest declines. Major indices down for four consecutive days.

The major US stock indices are opening with modest declines. The major indices are working on a 4 day losing streak after racing up 5 – 6% in the first 2 trading days of October. The NASDAQ index is the worst performer in early trading. The S&P index is opening below the 200 week moving average at 3599.44 (call it 3600.00). That moving average line will be a barometer for the bulls and bears this week. A close this week below that level would be more bearish while close above would keep the buyers in play in the longer term.

A snapshot of the market currently shows:

• Dow industrial average is trading down -111 points or -0.37% at 29098
• S&P index is trading down -22.12 points or -0.61% at 3590.05
• NASDAQ index down -70 points at -0.66% at 10472
• Russell 2000 down 7.33 points at -0.43% at 1684.60

In the US debt market, major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are mixed with a steeper yield curve:

• 2 year yield 4.303%, -0.4 basis points
• 5 year yield 4.152%, +1.6 basis points
• 10 year yield 3.932%, +4.8 basis points. The cycle high yield reached 4.01%.
• 30 year yield 3.929%, +8.6 basis points

looking at other markets:

• spot gold is trading near unchanged at $1668
• spot silver is down $0.19 -1% $19.39
• crude oil is trading at $89.33 that's down -$1.85
• bitcoin Bitcoin Bitcoin is the largest and world’s first digital currency launched back in 2009 by the entity, Satoshi Nakamoto. Being a digital currency, a defining feature of Bitcoin is that it functions without a central bank or single administrator. Rather, Bitcoin instead can be sent by peer-to-peer (P2P) networking, which is itself absent of any intermediaries.Instead of being a physical currency, Bitcoins represent pieces of digital code that can be sent and received across a kind of distributed ledger n Bitcoin is the largest and world’s first digital currency launched back in 2009 by the entity, Satoshi Nakamoto. Being a digital currency, a defining feature of Bitcoin is that it functions without a central bank or single administrator. Rather, Bitcoin instead can be sent by peer-to-peer (P2P) networking, which is itself absent of any intermediaries.Instead of being a physical currency, Bitcoins represent pieces of digital code that can be sent and received across a kind of distributed ledger n Read this Term is trading at $19,087. Looking at the daily chart below, the price remains below a downward sloping trendline at and the 100 day moving average.

In the forex, the NZD is the strongest and the AUD is the weakest. The USD is moving modestly lower today. It is down vs. all the major currencies with the exception of the AUD (near unchanged vs.JPY and CAD).

For a look at some of the technicals for the major currency pairs, watch the video below: