10 year yield tops 2.75% for the first time since April 2014

Stocks are coming off as yields move higher after FOMC

The 10 year yield has moved to a high of 2.7519%. That is the first look above 2.75% since April 2014.

The rise in yields has eroded the stock market gains. The S&P index is back to unchanged on the day. The Nasdaq is still up 9 points and the Dow is up 82 points.

Remember after the close eBay, Facebook, Microsoft, PayPal, QUALCOMM, and AT&T will be releasing their earnings.

Tomorrow the "A's" will all be releasing inclufing Alibaba, Apple, Amazon, and Alphabet.

Gold is lower on the higher dollar. It is down -$2.50 now at $1335. The high reached $1345 earlier in the day.