Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

BIZARRE: Stocks under pressure as strong us economic reports boost bond yields | Mind Blowing Facts

The S&P 500 Index ($SPX) (SPY) today is down -0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.47%.  December E-mini S&P futures (ESZ25) are down -0.45%, and December E-mini Nasdaq futures (NQZ25) are down -0.52%.

Stock indexes are under pressure today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to 1-week lows.  Stocks are sliding for the third consecutive session as rising bond yields undercut stock prices.  Signs that the US economy is stronger than expected are pushing T-note yields higher today, following the release of better-than-expected US GDP, jobless claims, and core capital goods orders reports.  The 10-year T-note yield today posted a 3-week high and is up +3 bp. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.