The major US stock indices are moving lower after weaker jobs report, tariff day, disappointment from Amazon earnings late yesterday, fear of inflation, and fear of recession.

The major indices are all down -1.0% with the NASDAQ index down -1.5%. A snapshot of the market currently shows:

Dow industrial average -574.0 or -1.31% at 43550
S&P index -85.97 points or -1.36% at 625322
NASDAQ index -365 points or -1.76% of 20755
Russell 2000-41 points or -1.86% at 2170.55.

Yields are sharply lower with expectations of a September cut rising sharply to around 75% from 45% before the report.

2-year yield 3.745%, -20.6 basis points
5-year yield 3.805%, -15.4 basis points
10 year yield 4.245%, -11.5 basis points
30 year yield 4.813%, -7.2 basis points.

In the commodity markets:

Crude oil is trading $-0.28 at $68.98.
Gold is trading up $54.91 or +1.6% at $3342 on the USD selling.
Bitcoin is down $320 at $115,408.
Copper which tumbled over 21% yesterday (biggest line on record) trading up 1.62% today at $4.42

Looking at some of the major stocks: