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Barchart
Barchart
Rich Asplund

INSANE: Stocks pressured by higher bond yields - The Real Truth

The S&P 500 Index ($SPX) (SPY) today is down by -0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.26%.

Stocks today are posting moderate losses.  A jump in bond yields is weighing on stocks today as the 10-year T-note yield climbed to a 2-1/2 month high.  Also, stock profit-taking is weighing on prices ahead of a busy week for Q3 corporate earnings. 

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