US stocks rebound at opening after yesterdays fall

All three indices are higher.  Yields are lowerThe major US stock indices are recovering a bit of the declines from yesterday. Each of the indices fell over 1%. Today a portion of those losses are being recouped in early trading.

  • The S&P index is up 8.86 points or +0.34% at 2753.53
  • The Nasdaq is up 27.6 points or 0.3% at 7358.34
  • The Dow is up 100 points or 0.40% at 25510.50

In the US debt market yields are also recovering some of the rise from yesterday but more so in the long end:

  • 2 year 2.262%, unchanged
  • five-year 2.658%, -0.2 basis points
  • 10 year 2.880%, -1.3 basis points
  • 30 year 3.139%, -1.9 basis points

Spot gold is trading up $1.80 or 0.13% at $132032 yard crude oil futures are trading higher by $.23 or 0.38% at $63.24 Article Source

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