Market Open:
Dow industrial average up 60 points or 0.18% at 33370
S&P index up 11.0 points or 0.27% at 4141.37
NASDAQ index up 28.16 points or 0.23% at 12356
in the US debt market, yields are marginally higher:
2 year yield 3.918% +1.2 basis points
5 year yield 3.368% +1.2 basis points
10 year yield 3.397% unchanged
30 year 3.742% unchanged
The regional bank ETF KRE is trading up $0.23 or 0.66%. PacWest Bancorp is up marginally by $0.17 or 0.75%.
The major big cap names are all trading little changed:
Alphabet is up unchanged at $116.58
Apple is down $0.44 at $173.42
Microsoft is down $0.49 at $309.65
Nvidia is up $0.53 at $286.31
Meta is down $0.48 to $235.43
Amazon is down $0.15 $111.97
Gold inches back towards $2,000 mark at the end of the week
Nvidia has reportedly placed additional orders for AI chips
Federal Open Market Committee (FOMC) members Bullard and Jefferson speak late on Friday
Two major Japanese life insurers are planning to reduce their U.S. Treasury holdings
Large paper and pulp firm is considering selling its products to China priced in yuan