The S&P 500 Index ($SPX) (SPY) this afternoon is up +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.18%.
Stock indexes are seeing slight gains in today's afternoon trade despite higher bond yields, with the 10-year T-note yield climbing to a 1-week high on negative carryover from last Friday’s May payroll report that showed May nonfarm payrolls rose more than expected and that May average hourly earnings unexpectedly accelerated, hawkish factors for Fed policy. Energy stocks are climbing today with the price of WTI Crude up more than +3% at a a-week high.
