S&P index up about 0.89%.

The US major stock indices are opening higher as expected.

  • The S&P index is up 0.89% or 17.5 points to 1941
  • The NASDAQ composite index is up around 50 points or 1.07% to 4690
  • The Dow industrial average is up about 130 points or 0.81%

There have been upgrades to Apple by Bank of America after it's recent move below the 100 per share level. Apple is trading at 100.02 currently. Facebook is up around $2 to $99.58 (2.3%). Netflix is up $1.94 (1.83%). Amazon is up $7 or 1.12%.

EU stock indices are up as well:

  • the Euro stoxx index is up 2.13%
  • The German Dax is up 2.56%
  • The UK FTSE 100 is 1.8%.
  • The Paris CAC is up 2.43%

US bond yields are mixed with the yield curve flattening.

  • two-year yields are up 2 basis points to 0.9557%
  • 10 year yields are unchanged on the day at 2.177%
  • 30 year bond yields are down 1 BP to 2.959%

In European bond markets:

  • German 10 year is up 2 bp to 0.561%
  • France 10 year is up 2 bp to 0.942%
  • UK 10 year is up one BP to 1.1789%