Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Stocks Pressured by Higher Bond Yields

The S&P 500 Index ($SPX) (SPY) today is down -0.07%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.25%.  December E-mini S&P futures (ESZ25) are down -0.08%, and December E-mini Nasdaq futures (NQZ25) are down -0.22%.

Stock indexes are slightly lower today, with the S&P 500 falling from a new all-time high.  Higher bond yields today are weighing on stocks today, with the 10-year T-note yield up +2 bp to 4.14%.  However, airline stocks are climbing today, led by a +6% jump in Delta Air Lines after it raised its full-year adjusted EPS forecast.  Also, Costco Wholesale is up more than +2% after reporting stronger-than-expected September total comparable sales.  

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.