The S&P 500 Index ($SPX) (SPY) today is up by +0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.2%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.14%. December E-mini S&P futures (ESZ25) are up +0.11%, and December E-mini Nasdaq futures (NQZ25) are up +0.10%.
Stock indexes are moving higher today after the Oct JOLTS report showed job openings unexpectedly rose to a 5-month high. The market remains cautious about the pace of Fed easing beyond Wednesday’s decision, when the Fed is expected to cut interest rates by 25 bp. Gains in stocks are also limited as bond yields ticked higher following the hawkish JOLTS report. The 10-year T-note yield is up +1 bp to 4.18%.
