US stocks open higher but not at the earlier pre-market highs

10 year yield reached 2.9939%

The US stocks are open. The major indices are higher but not at the higher pre-market levels:

  • The S&P is up 8.3 points or 0.3% at 2678.50
  • The Nasdaq is up 21 points or 0.31% at 7150
  • The Dow is up 52 points or 0.22% at 24 500

The first move is down after the opening but the indices still remain in the black.

The 10 year yield traded up to 2.9939% (the low today is 2.9547%). It could not reach the 3.0% level just yet.  We currently trade at 2.9883% of 1.3 basis points.

Spot goldis trading up $1.50 or 0.11% that $1326.32

WTI crude oil futures are trading unchanged at $68.64

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