US stocks trading marginally higher after weaker US data

The major US stock 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 trading lower in premarket trading. The NASDAQ index was down around 100 points near the start of the US session. It has erased those declines in trades above and below unchanged in early US trading.

A snapshot of the market currently shows:

• Dow industrial average up 29.86 points or 0.09% at 32227.46
• S&P index up 5.71 points or 0.14% at 4029.33
• NASDAQ index unchanged at 12032.45
• Russell 2000 up 13.11 points or 0.71% 1861.45

In other markets:

• gold is trading up $18.45 reacting to the lower dollar. That's a gain of 1.06% at $1752.50
• Silver is up $0.69 or 3.65% in $19.77. It's getting closer to the $20 level
• WTI crude oil is trading at $98.69 that's up $1.43 on the day
• The price of bitcoin is trading at $23,123

US yields have moved sharply to the downside on the weaker US data:

• 2 year yield 2.866%, -11.2 basis points
• 5 year yield 2.695%, -13.4 basis points
• 10 year 2.671%, -10.7 basis points
• 30 year 2.991%, -7.0 basis points

The USD has moved lower after the weaker data and move to the downside in yields. However, the greenback is still higher vs the EUR (weakest of the majors), GBP GBP The Great British pound (GBP) or pound sterling is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia, and other pacific territories.The GBP is currently the fourth most-traded currency worldwide in forex markets after the US dollar, euro, and Japanese yen.As the oldest currency in continual use, the GBP holds great weight on the world market and is also the fourth largest reserve currency.The Bank of England (BoE) is the central banking auth The Great British pound (GBP) or pound sterling is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia, and other pacific territories.The GBP is currently the fourth most-traded currency worldwide in forex markets after the US dollar, euro, and Japanese yen.As the oldest currency in continual use, the GBP holds great weight on the world market and is also the fourth largest reserve currency.The Bank of England (BoE) is the central banking auth Read this Term, CAD and AUD. The JPY is the runaway strongest of the majors.