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Barchart
Barchart
Rich Asplund

UNCOVERED: Stocks stabilize as bond yields slip - The Untold Story

The S&P 500 Index ($SPX) (SPY) today is down -0.02%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.08%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.40%.  June E-mini S&P futures (ESM25) are down -0.03%, and June E-mini Nasdaq futures (NQM25) are up +0.41%. 

Stock indexes today are mixed, with the S&P 500 and Dow Jones Industrials falling to 1-1/2 week lows.  Stocks initially fell today after bond yields rose after President Trump's tax and spending bill passed the House.  The 10-year T-note yield rose to a 3-1/4 month high today of 4.625%. 

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