S&P and NASDAQ index trade to new all-time high levels

[Forex News]

Thanks to the tamer US data in inflation and growth numbers, yields or lowers, stocks or higher and the USD is lower.

For the US stock indices, the broader S&P and NASDAQ and are both trading at new all-time highs. The Dow industrial average at is also up on the day.

A snapshot of the market eight minutes into the open is showing:

• Dow Industrial Average average up 186.52 points or 0.47% at 39744.64
• S&P index is up 26.33 points or 0.50% at 5273.02. The new all-time high price is now at 5278.01
• NASDAQ index is up 89.45 points or 0.54% 16600.63. The new all-time high price is now at 16628.18.

The RUSSELL 2000 is trading up 21.86 points or 0.54% at 2107.56.

Looking at US yields:

• two year yield 4.753%, -6.6 basis for its
• 5-year yield 4.376%, -8.1 basis points
• 10 year yield 4.371%, -7.4 basis points
• 30-year yield 4.530%, -6.3 basis points.

This article was written by Greg Michalowski at www.forexlive.com.

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