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Lots of red at the US stock opening.


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US stocks open with sharp declines

There is a lot of red on the board for the major stock indices.
The snapshot of the markets a few minutes into the opening is showing:

  • the S&P index -22.8 points or -0.78% at 2917.25
  • The NASDAQ index 72 points or -0.91% at 7836.7
  • The down industrial average -214 points or -0.81% at 26360

US yields are lower:

  • 2 year 1.508%, -3.7 basis points
  • 5 year 1.464%, -2.6 basis points
  • 10 year 1.618%, -1.9 basis points
  • 30 year 2.082%, -0.9 basis points

In other markets:

  • spot gold has searched $18.50 or 1.25% at $1497.40
  • WTI crude oil futures are down $0.41 or -0.76% at $53.20

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