The S&P 500 Index ($SPX) (SPY) today is down -0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.32%. December E-mini S&P futures (ESZ25) are down -0.26%, and December E-mini Nasdaq futures (NQZ25) are down -0.30%.
Stock indexes are moving lower today, with the Dow Jones Industrials posting a 1-week low. The S&P 500 fell from a new all-time high as higher bond yields today sparked long liquidation pressures in chipmakers. The 10-year T-note yield is up by +2 bp to 4.14%. However, Delta Air Lines is up more than +5% after raising its full-year adjusted EPS forecast. Also, Costco Wholesale is up more than +2% after reporting stronger-than-expected September total comparable sales.
