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US major indices open higher for the 3rd day in a row

Started by forex4you, Sep 11, 2022, 08:13 am

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US major indices open higher for the 3rd day in a row

<p>The major US stock indices are trading higher to start the day. If the price closed is higher it would be the 3rd day in a row. The NASDAQ index is not had 3 days higher in a row since July. The major indices are also on track for a higher close this week  which would be the 1st after 3 weeks of declines.</p><p>A snapshot of the market currently shows:</p><ul><li>Dow industrial average up 197 points or 0.62% at 31973</li><li>S&P index up 31 points or 0.77% at 4036.94</li><li>NASDAQ index up 128 points or 1.08% at 11990</li><li>Russell 2000 up 16.8 points or 0.91% at 1863.70</li></ul><p>In the US debt market, the yields are lower:</p><ul><li>2 year 3.507%, unchanged</li><li>5 year 3.4056%, -1.8 basis points</li><li>10 year 3.300% -1 point basis points</li><li>30 year 3.474% -0.4 basis points</li></ul><p>In other markets:</p><ul><li>spot gold is trading up $6 or 0.36% at 1714.80</li><li>spot silver is trading up $0.08 or 0.45% at $18.60</li><li>The price of crude oil is trading higher by $1.98 at $85.50</li><li>Bitcoin is back above the $21,000 level at $21,040</li></ul><p>In the forex market, the AUD remains the strongest of the majors, while the USD remains the weakest:</p>

                This article was written by Greg Michalowski at forexlive.com.

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