The S&P 500 Index ($SPX) (SPY) today are down -1.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.91%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.49%. March E-mini S&P futures (ESH25) are down -1.19%, and March E-mini Nasdaq futures (NQH25) are down -1.51%.
Stocks are under pressure today, with the S&P 500 falling to a 1-week low, the Dow Jones Industrials dropping to a 2-month low, and the Nasdaq 100 falling to a 6-week low. Rising global bond yields are hammering 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.
