Reply To: Traders Market Weekly: Geopolitics, ECB and Apple

#43283
Truman
Participant

Dow -139.89 at 31443.35, Nasdaq -56.06 at 11735.81, S&P -16.07 at 3963.87

The stock market opened to modest losses. The Dow Jones Industrial Average trails behind its peers.

There’s fairly broad selling interest at the open. The Vanguard Mega Cap Growth ETF (MGK), the Invesco S&P 500 Equal Weight ETF (RSP), and the S&P 500 all show a modest loss.

The Treasury market is mixed with the 2-yr note yield up three basis points to 3.48% while the 10-yr note yield is flat at 3.26%.

Energy complex futures are making big upside moves.
WTI crude oil futures are up 2.1% to $83.84/bbl.
Natural gas futures are up 1.5% to $7.96/mmbtu.