FOUND: Stocks settle lower as bond yields rise on hawkish fed comments - You Need To See This

The S&P 500 Index ($SPX) (SPY) on Thursday closed down by -0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.46%.  September E-mini S&P futures (ESU25) fell -0.40%, and September E-mini Nasdaq futures (NQU25) fell -0.45%. 

Stock indexes settled lower on Thursday, with the Dow Jones Industrials falling to a 1-week low.  Concerns about consumer spending weighed on stocks after Walmart reported weaker-than-expected Q2 EPS.  Also, higher bond yields undercut stocks, with the 10-year T-note yield climbing +4 bp to 4.33% on hawkish Fed comments and stronger-than-expected manufacturing and existing home sales reports.