The S&P 500 Index ($SPX) (SPY) today is down -0.83%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.42%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.16%. December E-mini S&P futures (ESZ25) are down -0.80%, and December E-mini Nasdaq futures (NQZ25) are down -1.12%.
Stock indexes are moving lower today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 sliding to 1-week lows. Stocks are falling for the third consecutive session as rising bond yields undercut stock prices. Signs that the US economy is stronger than expected are pushing T-note yields higher today due to the better-than-expected US GDP, jobless claims, and core capital goods orders reports. The 10-year T-note yield today posted a 3-week high and is up +2 bp.
