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Barchart
Barchart
Rich Asplund

Stocks Pressured by Higher Bond Yields and Chip Stock Weakness

United States DR Horton Philadelphia Fed

The S&P 500 Index ($SPX) (SPY) this morning is down -0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.33%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.43%. 

US stock indexes this morning are mixed, with the Nasdaq 100 falling to a 1-3/4 month low.  Weakness in chip stocks for a second today is weighing on the overall market. Also, rising T-note yields today are undercutting stocks. 

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