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DJIA falls 1%, US ten-year yield falls below 2%

FXStreet (Mumbai) - The DJIA has opened lower today in line with the cues from the European markets, while the ten-year treasury yield has declined below 2% for the first time since June 2013.

The DJIA is trading 1.3% lower at 16,103.50 while the S&P futures are trading 1.82% lower at 1840.65. The airliner, Boeing has lost 3.79%, while Goldman Sachs is trading down by 3.15%. Intel is the biggest loser so far, down 4.92%. All 30 shares of the Dow Index are trading in the red.

Meanwhile, the Treasury yield has taken out the psychological support level of 2%, to a hit a low of 1.868%. The sentiment may worsen if the American Express Co. and EBay Inc. earnings report fails to meet the market expectation.

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