Major indices move higher led by the NASDAQ index

Forex Short News

The major US stock indices pushed higher today help by a surging quantum stocks after a Wall Street Journal report that the US government was mowing investment into that industry. Some big gainers in that sector included:

  • D-Wave Quantum, up 13.78%
  • Rigetti computing +9.82%
  • Iong Inc, up 7.07%
  • Quantum computing was at 7.20%

A snapshot of the major indices shows:

  • Dow industrial average +144.20 points or 0.31% have 46734.61.
  • S&P index up 39.04 points or 0.58% at 6738.44.
  • NASDAQ index up 201.40 points or 0.89% at 22941.80.

Looking at the US debt market

  • 2-year yield 3.494%, +5.1 basis points
  • 5 year yield 3.612%, +5.9 basis points
  • 10 year yield 4.006%, +5.4 basis points
  • 30 year yield 4.587%, +4.8 basis points.

This article was written by Greg Michalowski at investinglive.com.