The S&P 500 Index ($SPX) (SPY) today is down -0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.28%. March E-mini S&P futures (ESH26) are down -0.04%, and March E-mini Nasdaq futures (NQH26) are down -0.28%.
Stock indexes gave up early gains today and turned lower on weakness in megacap technology stocks. Higher bond yields are a negative factor for stocks as the 10-year T-note yield climbed to a 1.5-week high today at 4.19%. In addition, weakness in insurance stocks is a drag on the overall market.
