US stock markets are open and trading, with major indices lower led by the Dow Jones Industrial Average. During the trading week, the S&P and NASDAQ rose as they extended to all-time highs this week. The Dow Jones Industrial Average is not higher today nor during the trading week.
A snapshot of the market currently showing:
- The Dow Jones Industrial Average average was -205 points or -0.53% at 38,444
- The S&P is -13.72 points, -0.25% at 5,419.88
- Nasdaq, -7.99 points, -0.05% at 17,660.
For the trading week, the Nasdaq is leading the way with a solid 3% gain currently:
- Dow Jones Industrial Average -0.98%
- S&P +1.34%
- NASDAQ +3.07%
Apple is the star performer this week with a gain of 8.55% as its Worldwide Developers Conference impressed the market regarding its AI plans within its product mix.
Nvidia shares also enjoyed an 8% gain for the week.
Microsoft shares rose 4.06%. Apple and Microsoft compete for the largest stock in terms of market value, with each of them valued at about $3.28 trillion.
In the US debt market, yields are lower as the longer end heads lower:
- The two-year yield is 4.687%, -0.1 basis points
- The 5-year yield is 4.224%, -1.1 basis points
- 10-year yield 4.213%, -2.7 basis points
- The 30-year yield is 4.347%, -5.3 basis points