The S&P 500 Index ($SPX) (SPY) today is down -0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%.
Stock indexes today are mildly lower after hawkish comments today from Fed Governor Bowman pushed T-note yields higher and dampened expectations for Fed rate cuts this year. Bond yields rose after Fed Governor Bowman said that inflation will remain inflated for some time so it's not yet appropriate for the Fed to cut interest rates.
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