Each the S&P and NASDAQ behavior dipped into adverse territory.
For the S&P, the excessive worth reached 4957.77. That was it simply in need of the all-time excessive closing degree at 4958.62. Staying under that degree is a modest adverse. Consumers had their shot. The bumped into prepared sellers. The index is at present down round -7.5 factors or -0.15% at 4935.65.
The NASDAQ index is down -37.86 factors or -0.25% at 15560. It is high-priced right this moment at 15652.75 stalled forward of the excessive worth for the yr at 15664.21 (and the very best worth going again to January 2022).
Yields have moved decrease in buying and selling right here right this moment, however the decrease yields aren’t serving to shares:
- 2 yr 4.428% -4.3 foundation factors
- 5 yr 4.068% -5.4 foundation factors
- 10 yr 4.111% -5.3 foundation factors
- 30-year 4.307% -3.7 foundation factors