Major indices are trading higher in early US trading. Gains in major indices are in the 0.3% range.
Eight minutes after opening:
- The Dow Jones Industrial Average rose 114.82 points, or 0.29%, to 39,180.09 points.
- The Standard & Poor's index rose 17.97 points, or 0.34%, to 5,285.82 points.
- The Nasdaq index rose 44.07 points, or 0.26%, to 16,780.11 points.
The small-cap Russell 2000 index is currently trading up 12.92 points, or 0.63%, at 2,061.33.
For the trading week:
- The Dow Jones Industrial Average fell -2.14%. This would interrupt a five-week lead.
- The S&P fell -0.30%. It's been on a four-week uptrend.
- The Nasdaq is up 0.73% and the gain this week would be the fifth weekly advance in a row
In the US debt market, yields rose by about 2.0 basis points
- The two-year yield is 4.952%, +2.0 basis points
- 5-year yield 4.549%, +2.3 basis points
- 10-year yield 4.494%, +2.0 basis points
- 30-year yield 4.597%, +1.9 basis points
Nvidia shares are trading above and below unchanged after rising sharply yesterday on its earnings and the announcement of a 10-for-1 stock split.
- Introductory platforms, +0.22%
- Amazon, +0.42%
- Microsoft, -0.42%
- Apple +0.72%
- Palo Alto Networks, +1.92%
- Tesla, +0.96%
- Netflix, +1.29%
- Service Now, -2.06%
- Intuit (after earnings) -7.88%
- Micron, +0.75%
- Dell, +2.93%
Crude oil is trading up about 50%, or 0.64%, at $77.35.
The price of gold rose by $12.47, or 0.54%, to $2,341.30.
Bitcoin is trading flat at $67,300 and Ethereum is trading at $3,701 (versus $3,716 at the start of the US session).