US stocks lower to start the US trading day

US stocks lower to start the US trading day

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.

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