Major US stock indices lower led by the NASDAQ ...Middle East

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Major US stock indices lower led by the NASDAQ
US chip stocks are helping to send the major indices lower with the NASDAQ index down over 1.6%.The snapshot of the market currently shows:Dow Industrial Average average minus 47.66.2 or -0.12% at 40,906.83. S&P index -55.50 points or -0.98% at 5611.71NASDAQ index -301.56 points or -1.63% at 18207.78.The RUSSELL 2000 is trading -21.38 points or -0.94% at 2242.28Looking at the US debt market, yields are higher by 1 – 2 basis points: 2 year yield 4.467%, +2.2 basis points5-year yield 4.110%, +2.0 basis points10 year yield 4.182%, +1.6 basis points30-year yield 4.390%, +1.6 basis pointslooking at other markets: Crude oil is trading at $1.10 or 1.36% at $81.86Spot gold is up $5.60 or 0.23% at 24

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