The S&P 500 Index ($SPX) (SPY) today is up +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.34%. March E-mini S&P futures (ESH26) are up +0.10%, and March E-mini Nasdaq futures (NQH26) are up +0.38%.
Stock indexes are mostly higher today, with the S&P 500 posting a new all-time high and the Nasdaq 100 posting a 3.5-week high. The Dow Jones Industrial Average fell from a record high today, turning lower on mixed US economic news. Signs of weakness in the US labor market have knocked bond yields lower and supported stocks after the Dec ADP employment report showed private employers added fewer jobs than expected, and the Nov JOLTS report showed fewer job openings than expected, a dovish factor for Fed policy. The 10-year T-note yield is down -2 bp to 4.15%.
