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US stock markets open higher-Dow Jones rises to 34,167
The US stock markets have just now reopened and it has been a positive start to the session. That was always likely to be the case given the pricing across all the major US equity futures indexes. The Dow Jones officially reopened today at 34,092 and rose immediately to 34,167. The The index is off that high just now, but the gain in stocks is better than seen likely earlier and it has helped to stop the dollar from making any further progress yet. The fact that US stocks and the Dow Jones are higher, even as US yields remain elevated relative to the lows seen earlier this morning is perhaps at odds with usual dynamics. Immediate resistance is in place at 34,398 and support is now at 34,003. The Dow Jones is just now backing off from those highs, currently trading at 34,130
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