The bell rang to start the US trading day, and prices fell. The broader S&P and NASDAQ fell by -0.30%. Dow Jones, slightly lower.
Shows a snapshot of the market 5 minutes after the open:
- Dow Jones Industrial Average -98.53 points or -0.25% at 38,787.65
- The Standard & Poor's Index fell 16.54 points, or -0.31%, to 5,336.41.
- And Nasdaq -56.17 points, or -0.33%, at 17116.95.
The small-cap Russell 2000 index was down -21.50 points, or -1.05%, at 2,027.93.
During the trading week, the main indicators remain higher:
- Dow Jones Industrial Average rises 0.23%
- S&P index rose 1.11%
- Nasdaq rises 2.21%
- Russell 2000 down -2.0%
GameStop shares are trading down -$2.54, -5.46%, or $44.01. Nightly stories about how Roaring Kitty is going to be a billionaire out in the cold will have to wait another hour or so (or so it seems). Shares are still up 100% this week
Yields rise after strong US jobs report:
- The two-year yield is 4.849%, +12.9 basis points
- 10-year yield 4.421%, +14.1 basis points
- The 30-year yield is 4.547%, +11.7 basis points.
Next week, the US Treasury will auction 3-, 10- and 30-year coupon issues on Monday, Tuesday and Thursday, respectively. On Wednesday, the FOMC's interest rate decision will be announced at 2 PM EST.