The US stock indices are opening lower, with the NASDAQ index leading the way. Yesterday to start the trading week major indices were marginally higher (less than 0.1% for each of the 3 major indices). The FOMC will announce a rate decision tomorrow with expectations of no change but concerns about what the Fed may say about inflation going forward.
A snapshot of the market currently shows:
US yields have moved to the upside in early US trading:
The price of crude oil is higher with the November contract now trading at $92.05 up $1.47.