US major indices all trading in the red now

As chair Powell testimony continues in front of the Senate Banking Committee, the US stocks have turned negative. When questioned whether Powell is willing to do all he can to bring down inflation, he replied "Yes". That may have helped contribute to the downward bias. Of course there are other balls in the air.

A snapshot of the market currently shows:

• Dow industrial average -88.95 points or my 0.26% at 33803
• S&P index -21.6 points are -0.49% at 4364.90
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index -160 points or -1.16% at 13590
• Russell 2000 -27.59 points or -1.34% at 2031.30

In other markets:

• Spot gold is near unchanged levels at $1929.40
• crude oil is trading at $110.26. That's down about $0.35 on the day
• bitcoin is trading at $42,569 which is lower on the day
• 2 year yield is at 1.536%, up 1.8 basis points
• 10 year is up 1.863%, down 1.7 basis points