Stocks turn lower. Major indices in the red now.

Upside momentum fadesThe early gains and momentum in the US stock market have faded, and the major indices are trading in the red.

  • S&P index is down 1.6 points or -0.6% at 2589
  • NASDAQ composite index is down 21 points or -0.31% at 6765
  • Dow industrial average is down 23 points or -0.10% at 23524

US yields are mostly trading near unchanged levels, however, the 30 year yield continues to be pressured. The 30-year yield is down to 2.277%, -1.7 basis points.  The 10 year yield is lower by -0.5 basis points at to 2.3109%.

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