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Barchart
Barchart
Rich Asplund

Stocks Mixed as Bond Yields Climb

Dow Jones Donald Trump Nasdaq Nvidia United States Information SP 500 Tesla Inc. Transportation Department US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is down -0.03%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.14%.

Stocks today are mixed, with the Dow Jones Industrials falling to a 1-1/2 week low.  Higher bond yields are weighing on the overall market today, with the 10-year T-note yield up +2.0 bp today to 4.459%, just below last Friday’s 5-1/2 month high of 4.501%, on anxiety that President-elect Trump’s isolationist policies will revive inflation and deter interest rate cuts from the Fed. 

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