Major US stock indices are trading lower to start the day

October 03, 2024 at 02:45PM
The major US stock indices are trading lower at the start of the trading day. Just ahead of the PMI nonmanufacturing data, the:

Dow industrial average is down -254.84 points or -0.60% at 41941.68

S&P index -13.29 points or -0.23% at 5696.25.

NASDAQ index -7.63 points or -0.04% at 17917.49.

The Russell 2000 is down -12.54 points or -0.57% at 2182.46.

Pressuring the Dow 30 as Travelers, J.P. Morgan, Goldman Sachs, and UnitedHealth:

US yields are trading higher:

2-year yield 3.674%, +3.7 basis points

5-year yield 3.593%, +3.8 basis points

10 year yield 3.813%, +2.8 basis points

30 year yield 4.145%, +1.5 basis points

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

Major US stock indices are trading lower to start the day