As traders and markets await the Fed decision at 2 PM ET, the US stocks have opened and are trading little changed in early trading.
A snapshot of the market 10 minutes after the open is currently showing:
- Dow Jones up 10 points or 0.03% at 33138.81
- S&P index -0.45 points or -0.01% at 4175.02
- NASDAQ index -17.24 points or -0.14% at 12546.52
- Russell 2000 up 0.19 points or +0.01% at 1899.04
A snapshot of other markets currently shows:
- Gold up $1.03 or 0.06% at $1868.06
- Silver down $0.18 or 0.8% at $22.35
- Crude oil is trading up $4.15 at $106.54. The high price reached $107.41
- bitcoin is up $1200 at $38,954. The remains above its 200 hour moving average at $38,755.
The US yields are higher with the 10 year trading at the 3%:
- 2 year 2.833%, +6.4 basis points
- 5 year 3.047%, +4.5 basis points
- 10 year 3.000%, +4.3 basis points
- 30 year 3.043%, +3.7 basis points
The AUD remains the strongest of the major currencies while the CHF is the weakest. The USD is lower but the GBP, JPY, CAD and NZD are all within 0.14% of the close from yesterday as traders await the FOMC decision.