US stocks open higher, but not for long as Dow Jones reverses early gains

The US stock markets have just reopened for live trade and it has been a positive start to the day. That was pretty much always going to be the case from earlier this morning. The Dow Jones closed last night at 40,829, with a solid gain of 484 points on the session. The index has just this minute kicked off live trading at close to 40,900 and in relative terms over the past few weeks, it has been the most resilient of the three major indexes. However, almost as soon as it had a look at 40,900, it is now having a look below 40,800 and towards 40,700 such is the speed of change always in place on this index.