Modest changes in the major indices after record closes yesterday ...Middle East

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The three major stock indices closed at record levels yesterday after sharp gains to the upside.Today, the price action is little changed/mixed. A snapshot of market 15 minutes into the open is showing:Dow Industrial Average down -6 points or -0.04% at 39898S&P index is up 4.32 points or 0.08% at 5312.38NASDAQ index is up 13.29 points or 0.08% at 16755.90.The US yields are now higher after the dump of data today. Initial jobless claims came off their high levels from last week.2 year yield 4.782%, +4.7 basis points5 year yield 4.392%, +3.6 basis points10 year yield 4.371%, +1.5 basis points30-year yield 4.5.3 percent, +0.3 basis points This article was written by Greg Micha

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