The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.55%. June E-mini S&P futures (ESM26) are up +0.26%, and June E-mini Nasdaq futures (NQM26) are up +0.52%.
Stock indexes are moving higher today, recovering some of this week’s losses, amid lower bond yields and strength in semiconductor stocks. The 10-year T-note yield is down -2 bp to 4.65%, falling back from Tuesday’s 16-month high as inflation expectations retreat amid a decline in WTI crude oil prices of more than -2%.
