
The S&P 500 Index ($SPX) (SPY) on Thursday closed up by +0.11%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.10%. December E-mini S&P futures (ESZ25) rose +0.08%, and December E-mini Nasdaq futures (NQZ25) fell -0.10%.
Stock indexes settled mixed on Thursday, with the S&P 500 posting a 3-week high. Higher bond yields on Thursday weighed on the broader market, knocking the Dow Jones Industrial Average and the Nasdaq 100 down from 3-week highs, as the 10-year T-note yield rose by +5 bp to 4.11%. Thursday’s decline in initial jobless claims to a 3-year low was hawkish for Fed policy and pushed T-note yields higher.