US stock market open 5 January 2016
– S&P +3pts to 2015
– Dow +8pts to 17157
– Nasdaq +14pts to 4917
US 10 year yields 2.26% +1bp
Stocks had a decent close yesterday and I’m expecting them to gain further today. We might see a softish open based on the strength of yesterday’s late rally but then we could see more upside