The major US stock indices are trading lower at the start of the trading day. Just ahead of the PMI nonmanufacturing data, the:
Dow industrial average is down -254.84 points or -0.60% at 41941.68S&P index -13.29 points or -0.23% at 5696.25.NASDAQ index -7.63 points or -0.04% at 17917.49.
The Russell 2000 is down -12.54 points or -0.57% at 2182.46.
Pressuring the Dow 30 as Travelers, J.P. Morgan, Goldman Sachs, and UnitedHealth:
US yields are trading higher:
2-year yield 3.674%, +3.7 basis points5-year yield 3.593%, +3.8 basis points10 year yield 3.813%, +2.8 basis points30 year yield 4.145%, +1.5 basis points
This article was written by Greg Michalowski at www.forexlive.com.
