US stocks open with gains. Markets shrug off assassination attempt.

The US stocks are opening with gains. Markets shrug off the assassination attempt. With the former president Trump being elected president increased. That implies a softer Fed (new Fed Chair?), less regulation, lower taxes. The bad is less immigration and deportation of illegal immigrants, and higher tariffs. That has the yield curve steepening.

The snapshot of the market five minutes into the open and showing:

• Dow industrial average +241 points or 0.61% at 40245. The record high close is 40003.60.
• S&P index +25.59 points or 0.45% at 5641.01
• NASDAQ +94 points or 0.51% at 18493.

The small-cap Russell 2000 is up 13.83 points or 0.64% at 2162.20.

In the US debt market, yields are higher/the yield curve is steepening (although 2-10 years spread is still negative):

• 2-year yield 4.447%, -1.3 basis points.
• 5-year yield 4.116%, +0.5 basis points.
• 10 year yield 4.213%, +2.7 basis points.
• 30-year yield 4.445%, +4.4 basis points

This article was written by Greg Michalowski at www.forexlive.com.