The major US indices are mixed/little changed in early trading. That risk is the eight-week winning streak heading into the last trading day/week of the year.
A snapshot of the market currently shows:
- Dow Industrial Average up 34.18 points or 0.09% at 37744.29
- S&P index up 1.98 points or 0.04% at 4785.34
- Nasdaq index -2.30 points or -0.02% at 15092.84.
Yesterday Dow Industrial Average closed at a new all-time high close. The S&P index that within about three points of its all-time high closing level at 4796.57. The intraday all-time high price for the S&P is 4818.62.
For the trading week:
- Dow Industrial Average is up 0.92%
- S&P index is up 0.67%
- Nasdaq index is up 0.71%
The small-cap Russell 2000 index is trading down -2.586 points or -0.13% at 2055.72. For the trading week, the index is up 1.07%.
Looking at the US debt market, yields are marginally higher:
- 2-year yield 4.291%, +1.0 basis points
- 5-year yield 3.861% +1.4 basis points
- 10-year yield 3.867% +1.8 basis points
- 30-year yield 4.01% +2.1 basis points