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US major indices move higher at the open

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Recover from last week’s declines

The US major stock indices are starting the day/week with some modest gains. The positive start erases some of the declines from last week’s trading. The $200B of China tariffs have not been officially announced yet.  Trump threatened to enact an additional $267B if China retaliates.  Apple said on Friday that the list of tariffs would impact Apple products. That has the US’s largest corporation down -1.4% in early trading at $218.19. 

  • The S&P is up 12.3 points or 0.42% at 2883.50
  • The Nasdaq is up 21 points or 0.26% at 7924
  • The Dow is up 93 points or 0.37%

US yields are near unchanged levels

  • 2 year is up 0.4 bps
  • 5 year unchanged
  • 10 year unchanged
  • 30 year is down -0.6 bps 

Gold is unchanged as well now at $1196.26WTI crude oil is up $0.45 at $68.22 (up 0.71%). 

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