Thanks to the tamer US data in inflation and growth numbers, yields or lowers, stocks or higher and the USD is lower.
For the US stock indices, the broader S&P and NASDAQ and are both trading at new all-time highs. The Dow industrial average at is also up on the day.
A snapshot of the market eight minutes into the open is showing:
- Dow Industrial Average average up 186.52 points or 0.47% at 39744.64
- S&P index is up 26.33 points or 0.50% at 5273.02. The new all-time high price is now at 5278.01
- NASDAQ index is up 89.45 points or 0.54% 16600.63. The new all-time high price is now at 16628.18.
The RUSSELL 2000 is trading up 21.86 points or 0.54% at 2107.56.
Looking at US yields:
- two year yield 4.753%, -6.6 basis for its
- 5-year yield 4.376%, -8.1 basis points
- 10 year yield 4.371%, -7.4 basis points
- 30-year yield 4.530%, -6.3 basis points.
