The S&P 500 Index ($SPX) (SPY) today is up +0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.27%. March E-mini S&P futures (ESH25) are down -0.14%, and March E-mini Nasdaq futures (NQH25) are down -0.20%.
Stock indexes today recovered from early losses and moved slightly higher on falling bond yields. The 10-year T-note yield dropped to a 1-week low today on speculation the Fed remains on a path to lower interest rates. Stocks also found support today after US weekly jobless claims rose less than expected and the Mar Philadelphia Fed business outlook survey fell less than expected.
