The major indices open mixed. NASDAQ index under pressure

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Higher rates and the NASDAQ lower The US 10 year yield is above the 1.50% level and that as traders anxious about the NASDAQ stocks which get hurt the most on overvaluation concerns (the discounted value of future earnings are discounted at a higher rate).  Netflix is down -2.4%. Amazon is down -2.13%. Apple is down -2.04%. The NASDAQ index is down 1.13%.Looking at all the indices 11 minutes into the opening shows:Dow industrial average up 140 points or 0.42% at 34943S&P index down 17.66 points or -0.4% at 4438NASDAQ index -170 points or -1.13% at 14878in other markets as US stock trading gets underway:Spot gold is up $1.86 or 0.11% at $1751.95.Spot silver is up $0.20 or 0.92% at $22.58WTI crude oil futures are up $1.59 or 2.15% at $75.57. Getting above $75 and staying above is a important benchmark and will now be support.Bitcoin is trading at $43,488.22in the US debt market, the benchmark 10 year yield moved up to a high yi
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