US Stock Market Open Mixed - Analysis of the Latest Employment Data and Market Indices
Friday, 8 March 2024, 14:36
![LivaRava Finance Meta Image](https://store.livarava.com/4e6fa9a6-d270-11ee-b891-5254a2021b2b.jpeg)
US Stock Market Opening Analysis
The US stock market opened with mixed signals as investors react to the latest employment data. Major indices such as S&P and NASDAQ are showing upward movements, hitting new intraday highs, while the Dow Industrial Average remains volatile.
Key Market Indicators:
- Dow Industrial Average: trading down -1.5 points or 0.01% at 38795
- S&P index: trading up 8.8 points or 0.17% at 5166
- NASDAQ index: trading up 59 points or 0.38% at 16333
- The small-cap Russell 2000 is also higher, currently at 20.66 points or 0.99% at 2105.25
Debt Market Analysis:
- 2-year yield: 4.444%, -7.0 basis points
- 5-year yield: 4.032%, -5.1 basis points
- 10-year yield: 4.076%, -1.5 basis points
- 30-year yield: 4.259%, +1.3 basis points
Overall, market sentiment is influenced by factors like interest rates, Fed policy speculations, and impacts on commodities like crude oil, gold, and Bitcoin.
Do you want to advertise here? Contact us