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Barchart
Barchart
Rich Asplund

Stocks See Support as Bond Yields Fall

The S&P 500 Index ($SPX) (SPY) this morning is up +0.19%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.04%. 

US stock indexes this morning are mixed, with the S&P 500 climbing to a 3-week high and the Dow Jones Industrials posting a 4-week high.  A decline in the 10-year T-note yield today to a 3-1/2 week low is supporting stocks. Also, expectations that the Fed will start cutting interest rates this year are positive for stocks. 

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