The S&P 500 Index ($SPX) (SPY) today is down -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.43%. March E-mini S&P futures (ESH25) are down -0.04%, and March E-mini Nasdaq futures (NQH25) are down -0.39%.
Stocks today are mixed, with the Dow Jones Industrials posting a 6-week high. The broader market is under pressure from the weakness of chip stocks. Also, higher bond yields today are negative for stocks, with the 10-year T-note yield up +4.5 bp to 4.656%. Stocks remained lower after weekly US jobless claims rose more than expected.
