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Barchart
Barchart
Rich Asplund

Stocks See Support as T-note Yields Ease

The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.02%.  June E-mini S&P futures (ESM25) are up +0.03%, and June E-mini Nasdaq futures (NQM25) are up +0.04%. 

Stock indexes today are slightly higher, with the S&P 500 posting a 2-1/4 month high.  Stocks today are extending this week's rally as easing trade tensions between the US and China fuel risk-on sentiment in asset markets.  Also, lower T-note yields today are supporting stocks on speculation the Fed will step in to lower interest rates to avoid a recession. 

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