The S&P 500 Index ($SPX) (SPY) today is up +0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.49%.
Stocks today are mixed, with the Dow Jones Industrials falling to a 2-week low. The markets are marking time ahead of Wednesday’s US Nov consumer price report. Some negative corporate news is weighing on stocks with Oracle down more than -8% after reporting Q2 adjusted revenue below consensus. Also, Toll Brothers is down more than -6% after forecasting weaker than expected Q1 adjusted home sales gross margin. In addition, higher T-note yields are undercutting stocks.
