US stocks open with modest gains.

Technical Analysis

Recovers a little from yesterday’s plunge

The US markets are open and the major indices are opening with modest gains. The numbers are showing:

  • S&P index up 13.3 points or 0.48% at 2825.37
  • NASDAQ index up 44.6 points or 0.58% at 7691.78
  • Dow industrial average up 93 points or 0.37% 25418

In the US debt market yields are higher by about 0.7 basis points:

  • 2 year 2.1945%, +0.6 basis points
  • 5 year 2.191%, +0.8 basis points
  • 10 year 2.408%, +0.7 basis points
  • 30 year 2.843%, +0.7 basis points

Spot gold is tradingdown $1 or -0.8% at $1298.80

WTI crude oil futures are trading up $.47 or 0.77% at $61.51

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