S$P up 1.01%. Nasdaq soars by 1.47%
The US major stock indices are ending the day with strong gains. The S&P is up by 1.01%, while the Nasdaq surged by 1.47% led by Apple which surged by another $3.70 (3.4% gain) on the back of the iPhone 7 being sold out. The Dow advanced by 0.99%
In the US debt market, the yield curve continued to steepen with the:
- 2 year yield at 0.7298% , -3 BP
- 5 year yield 1.1836%, -2 BP
- 10 year yield 1.6977%, Unchanged
- 30 year yield 2.4688%, +2 BP
Crude oil futures are trading at $43.82, +0.55%
Gold is trading at $1313 down -0.70%
The CRB index is up 0.66% on the day
