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US stocks on the open rebound higher on trade hope optimism (again)


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Dow moved up over 300 points in first few minutes (back below).

Happy days are here again – for now.
The US major stock indices are higher on trade hope optimism….again.
The snapshot of the major indices a few minutes into the official open are showing:

  • S&P index, +24.42 points or 0.86% 2871.53
  • NASDAQ index +77.125 points or 0.99% at 7828.89
  • Dow industrial average +264.47 points or +1.03% at 25893.33. The early session high did spike and show a gain of +300 points.

In the US debt market, yields are down on the day but less than -1 basis point. The yields are also trading near highs for the day. The 2-10 spread is positive by 0.53 bps which his higher than the Friday close of +0.19 bps.  

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