US equities open modestly higher

Technical Analysis

Nasdaq on track for first monthly loss since October

The US major indices are opening modestly higher. The Dow needs way as bank stocks increase. The Fed said late yesterday that they would not the restricted as far as dividends starting in June. 

The snapshot of the market currently shows:

  • S&P index, +18.4 points or 0.47% at 3927.92
  • Nasdaq up 40.937 points or 0.32% at 13018.61
  • Dow up 182.35 points or 0.56% 32801.83

In other markets:

  • Spot gold is up nine cents or 0.01% at $1727
  • SPot silver is also near unchanged at $0.01 or -0.06% at $25.04
  • WTI crude oil futures are moving back to the upside at up to $2.11 or 3.6% at $60.67

In the US debt market, yields are higher but off the highs levels

  • 2 year 0.136%, unchanged
  • 5 year 0.849%, +1.4 basis points
  • 10 year 1.656%, +2.3 basis points. The high yield reached 1.67 70%
  • 30 year 2.372%, +1.5 basis points. The high yield reached 2.398%

Invest in yourself. See our forex education hub.

Articles You May Like

NASDAQ index jumps to a new session high and looks toward its 200 hour moving average
Friday’s jobs report could present a mixed view of the labor market. Here’s what to expect
Johnson has returned to the House floor. Rep Self and Norman have switched vote to Johnson
USD moves higher after better US ISM Manufacturing PMI data
Tesla reports first-ever drop in annual deliveries