January 03, 2025 at 02:29PM
The futures of the major US stock indices are tilted toward a positive open. The broader S&P and NASDAQ indices are looking to snap 5-day losing streaks. The Dow industrial average has been down for 4 consecutive days. In premarket trading, the futures are implying: .
The Dow industrial average is up 197 points
S&P is implying a gain of 27.27 points.
NASDAQ is implying a gain of 123 points
Meanwhile in Europe, shares are mixed:
German DAX, -0.44%
France’s CAC, -1.01%
UK’s FTSE 100 unchanged
Spain’s Ibex, +0.07%
Italy’s FTSE MIB -0.44%
In other markets,
Crude oil is trading up $0.37 or 0.52% at $73.51
Gold is trading down $8.94 or -0.33% at $2648.43
Bitcoin is trading at $97,038
In the US debt market, yields are modestly lower, but near the highs for the day:
2-year yield 4.2455%, -0.3 basis points
five year 4.371%, -1.0 basis points
10 year 4.561%, -1.4 basis points
30 year 4.783%, -1.5 basis points
The USD is modestly lower with the greenbacks declines versus the CHF at -0.27%. The USD is down -0.23% versus the EUR..
This article was written by Greg Michalowski at www.forexlive.com.