Follow through buying to start the trading week in the US stock market | Forexlive
The major US indices all moved up over 2% on Friday on the back of the Goldilocks US jobs report. We are seeing follow-through buying in early trading today.
A snapshot of the markets 10 minutes into the opening, is showing:
- Dow Industrial Average up 92.03 points or 0.27% at 33722.65
- S&P index up 16.27 points or 0.42% at 3911.34
- NASDAQ index of 90.09 points or 0.85% at 10659.39
- Russell 2000 up a .56 points or 0.48% at 1801.36
in the US at that market, yields are mixed with a steeper yield curve :
- two year 4.239%, -2.1 basis points
- five year 3.697% -1.6 basis points
- 10 year 3.58% +0.9 basis points
- 30 year 3.717% +2.6 basis points
in other markets
- spot gold is trading up $11.52 or 0.62% at $1877
- spot silver is up $0.17 or 0.77% at $23.98
- WTI crude oil is trading up $2.03 at $75.78
- bitcoin is remaining above the $17,000 level at $17,232. The high price reached $17,290 earlier today
In the forex market, the USD is moving lower and is the weakest of major currencies. The CHF is the strongest.