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Barchart
Barchart
Rich Asplund

Stocks Mixed on Chip Stock Weakness

The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.32%.

Stocks today are mixed.  The broader market initially moved higher today after US October consumer prices rose as expected.  Stocks also found support, and T-note yields fell on dovish comments from Minneapolis Fed President Kashkari, who said inflation is headed in the right direction and he doesn't think inflation is stuck above the Fed's 2% target. 

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