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US stocks are trading higher at the open, erasing declines from yesterdayUS stocks are trading higher at the open, erasing declines from yesterday

The major US indices are trading higher in early US trading but giving up some of the premarket gains.

Dow industrial average of 278 points or 0.71% at 39566S&P index of 28.65 points or 0.55% at 3232.33NASDAQ index up 66.00 or 0.40% at 16382.

The small-cap Russell 2000 is trading up 18.18 points or 0.88% at 2088.28

US yields are marginally lower:

2- year yield 4.584%, -1.2 basis points5-year yield 4.214%, -1.2 basis points10 year yield 4.225%, -0.8 basis points30-year yield 4.396%, -0.3 basis points

in other markets:

Crude oil is trading down $0.48 or -0.59% at $81.14Gold is trading up $11 or 0.50% at 2190Bitcoin is trading at $70,891. Those are from early New York levels at $70,250.

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

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