US stocks open the last day of the year with declines across the board

The major US stock indices are opening the day lower. The NASDAQ index is leading the way to the downside.

The indices are looking to close out the worst year since 2008 today.

A snapshot of the market currently shows:

• Dow Industrial Average -163.46 points or 0.49% at 33057.35
• S&P index -25.86 points or -0.67% at 3823.41
• NASDAQ index -105.19 points or -1.00% at 10372.89
• Russell 2000-14.70 points or -0.83% at 1751.54

in the US debt market, yields are higher:

• 2 year 4.409%, +4.2 basis points
• 5 year 3.997% +5.4 basis points
• 10 year 3.869% +5.1 basis points
• 30 year 3.955% +5.2 basis points