Major US indices have continued to run higher as fears of a government shutdown fade, and comforting words from Fed Goolsbee (he's a dove).
Looking at the main indexes:
- The Dow industrial average is not 512 points or 1.21% and 42856.45.
- The S&P index is up 68.52 points or 1.17% and 5935.56.
- The NASDAQ index is up 224 points or 1.16% at 19595.93.
At intraday session levels:
- Dow was down -195.95 points
- S&P was down -34.78 points.
- The NASDAQ index is down -204.39 points.
US yields remain lower with the holding down -6.0 basis points. Both years are down less than -2.6 basis points.
For the trading week, yields remain higher with the 10-year yield still up 10.9 basis points. The 2-year is up 5.0 basis points.
The high water mark for the week was up 19.3 basis points for the 10-year yield and 12.0 basis points for the two-year yield.
