The S&P 500 Index ($SPX) (SPY) today is down -0.26%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.80%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.16%. March E-mini S&P futures (ESH26) are down -0.20%, and March E-mini Nasdaq futures (NQH26) are up +0.18%.
Stock indexes are under pressure today amid concerns about inflation, as oil prices climbed due to mounting disruptions to energy markets from the war in Iran. WTI crude (CLJ26) is up more than +4% at an 8.5-month high, fueling inflation concerns and sending bond yields higher. The 10-year T-note yield rose to a 3-week high today of 4.15%.
