The S&P 500 Index ($SPX) (SPY) today is down -0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.23%.
Stocks today are posting mild losses, with the S&P 500 and Nasdaq 100 consolidating below Monday’s record highs. Some negative corporate news is weighing on stocks today with Zscaler down more than -4% after forecasting Q2 adjusted EPS below consensus. Also, Honeywell International is down more than -2% after cutting its full-year adjusted EPS forecast. Also, higher T-note yields are weighing on stocks after the US Oct JOLTS job openings rose more than expected, a sign of labor market strength that is hawkish for Fed policy.
