The S&P 500 Index ($SPX) (SPY) today is up +0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.18%. March E-mini S&P futures (ESH26) are up +0.10%, and March E-mini Nasdaq futures (NQH26) are up +0.19%.
Stock indexes are mostly higher today, with the S&P 500 posting a new all-time high and the Nasdaq 100 posting a 1-week high. Stocks are supported by a decline in global bond yields. Today’s weaker-than-expected US Dec ADP employment report was dovish for Fed policy and knocked T-note yields lower, with the 10-year T-note yield down -4 bp to 4.13%.
