The S&P 500 Index ($SPX) (SPY) Friday closed down -1.54%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.57%. March E-mini S&P futures (ESH25) are down -1.57%, and March E-mini Nasdaq futures (NQH25) are down -1.63%.
Stocks sold off Friday, with the S&P 500 and the Dow Jones Industrials falling to 2-month lows and the Nasdaq 100 sliding to a 6-week low. Rising global bond yields Friday hammered stock prices. The US 10-year T-note yield soared to a 14-month high, the 10-year German bund yield climbed to a 6-month high, and the Japanese 10-year JGB yield rose to a 13-year high.
