The S&P 500 Index ($SPX) (SPY) today is down by -0.15%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.25%. September E-mini S&P futures (ESU25) are down -0.18%, and September E-mini Nasdaq futures (NQU25) are down -0.35%.
Stock indexes are moving lower today, giving back some of last Friday’s sharp rally. Concerns about tariffs and their impact on inflation and corporate profits are weighing on stocks. Also, higher bond yields are negative for stocks, with the 10-year T-note yield up +3 bp to 4.28%.
