The S&P 500 Index ($SPX) (SPY) today is down -0.02%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.11%.
US stock indexes today are mixed, with the Nasdaq 100 climbing to a new record high. Rising global bond yields are weighing on the broader market today. UK and German 10-year yields rose to 2-1/2 week highs after consumer prices in the UK slowed less than expected last month, raising questions about when the Bank of England can start cutting interest rates. Also, Q1 wages rose more than expected in Germany, prompting the Bundesbank to warn about persistent price pressures in the service sector.
