S&P down -0.70%. NASDAQ down -0.91%

The US major stock indices are starting the day with negative signs (as expected).

  • The S&P index is trading down -17.5 points or -0.70%
  • The NASDAQ index is down -60 points or -0.91%
  • The Dow industrial average is lower by -154 points or -0.67%

In the US debt market, yields are lower but off the lowest level.

  • 2-year yields 1.687%, unchanged. Low 1.6588%.
  • 5-year yield 2.034%, -2.3 basis points. Low 2.0166%
  • 10 year 2.336%, -3.5 basis points. Low yield 2.3169%. The 200 day moving average today comes in at 2.3065%.
  • 30 year yield 2.794%, -3.6 basis points. The low yield reached 2.7731%

In other markets:

  • Spot gold is up about six dollars (was $5 at the start of the New York today)
  • WTI crude oil futures are down $.50 at $5.20