US stocks trades mixed in early NY trading

Technical Analysis

S&P unchanged, NASDAQ up marginally, Dow down marginally

The major indices are trading mixed in early New York trading. A snapshot of the market currently shows:

  • S&P index -0.40 points or -0.01% at 4224.39
  • NASDAQ index up 7.7 points or 0.05% at 14149.18
  • Dow -33.48 points or -0.10% at 33843.49

In other markets, as trading gets underway shows:

  • Spot gold $-7.85 or -0.44% 1775.42
  • Spot silver down $0.15 or -0.61% of $25.79
  • WTI crude oil futures $-0.19 or -0.26% at $73.47
  • Bitcoin is down $-2900 or minus the .95% $29,665.89.

In the US debt market, the yield curve is steepening with the two/five year yields are lower, while the 10/30 year yields are higher:

  • 2 year 0.238%, -1.6 basis point
  • 5 year 0.878%, -0.9 basis points
  • 10 year 1.503%, +1.5 basis points
  • 30 year 2.143%, +3.3 basis points

IN the forex, the USD is the strongest of the majors now while the JPY is the weakest. 

Invest in yourself. See our forex education hub.

Articles You May Like

Oracle shares jump on Google and OpenAI deals despite earnings miss
The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot
NZD/USD weakens below 0.6150, investors await the US CPI, Fed rate decision
BoC’s Macklem: We’re not close to limit of divergence with Fed
EURUSD sellers are looking to take control. Stay below 1.07346 is now a more bearish tilt