US stocks open mixed. Dow influence by Salesforce gains

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 opening with mixed results. The Dow Industrial Average is being supported by higher prices for Salesforce after they reported stronger than expected earnings and guidance. Salesforce shares are up 13.5% in early trading.

A snapshot of the major indices currently shows:

• Dow Industrial Average up 19.06 points or 0.06% at 32680.91
• S&P index -21.93 points or -0.55% at 3929.47
• NASDAQ index -101.45 points or -0.89% at 11278.0
• Russell 2000 is down -19.14 or -1.01% at 1879.28

Technically, the S&P index is opening below its 200 day moving average Moving average A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot Read this Term at 3939.85. The 100 day moving average is below at 3922.87. A move below each would be more bearish from a technical perspective.

US yields are higher:

• two year 4.935%, +4.6 basis points
• five year 4.330%, +6.5 basis points
• 10 year 4.0635% +6.7 basis points
• 30 year 4.02% of 6.6 basis points

The 10 year yield is getting a little bit more comfortable above the 4.00% level today. The yield has not been to these levels since November 10. The high yield for 2022 reached 4.335% back on October 21.

Meanwhile the two year yield reached 4.944% today. That is the highest it's been since June 2007. One year ago it was near 1.60%. At the beginning of March in 2021 it was at 0.141%. Oh how things have changed.

Looking at the Fed funds futures contract, the terminal rate in October is showing a rate just shy of 5.5%.