The S&P 500 Index ($SPX) (SPY) today is down -0.50%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.36%.
US stock indexes saw support early in the session after the as-expected PCE deflator report kept alive hopes for a slow improvement in the inflation outlook and interest rate cuts by the Fed later this year. Stocks are also seeing support from a -5 bp decline in the US 10-year T-note yield.
