NASDAQ leads away but well off the postemployment highs
the US stocks are opening mixed after the week and expected US jobs report. The NASDAQ index is higher. The S&P is near unchanged. The Dow is down for the first time in 4 trading days. The NASDAQ futures implied a gain of over 200 points soon after the jobs report. Those gains have been pared back.
A snapshot of the market a few minutes into the opening showing:
- S&P index is up 4.15 points or 0.10% at 4205.77
- NASDAQ index is up 72.19 points or 0.53% at 13705.03
- Dow is down -47.31 points or -0.14% at 34501.22
looking at other markets:
- Spot gold is trading up $11.40 or 0.63% at $1826.62. The high price reached $1843.43 after the jobs report
- Spot silver is down -14 center -0.53% at $27.16. It’s high spiked to $27.67 after the report.
- WTI crude oil futures are trading down $0.52 at $64.19. It’s low reached $63.90 while the high extended to $65.24 today.
Looking at the US rates, the five-year still down -4.3 basis points but the 10 and 30 year has paired their postemployment declines in yields. The tenure move to 1.464%. It is currently at 1.558%. The 30 year moved to 2.155%. It is currently at 2.252%.