The S&P 500 Index ($SPX) (SPY) this morning is down -0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.05%.
Stock indexes this morning are mixed, with the Nasdaq 100 falling to a 3-week low. Soaring bond yields are weighing on stocks as the 10-year T-note yield today climbed to a new 5-month high. Today’s US economic news was mixed with March housing starts and building permits falling more than expected, but March manufacturing production rose more than expected.
