US stocks sharply lower as yields push higher

US stocks of gotten off to a weak start after the much stronger-than-expected ADP sent yields higher. The 2-year yield is now up around 10 basis points and the 10-year yield Yield A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as Read this Term is up around 9 basis points. If the Fed was worried about too strong employment which leads into inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term, the ADP report will not dissuade them from a more tightening bias.

A snapshot the market 6 minutes into the open shows:

• Dow Industrial Average -303.38 points or -0.88% at 33985.27
• S&P index -45.05 points or -1.01% at 4401.76
• NASDAQ index -172.23 points or -1.25% at 13619.42

The Russell 2000 index of a small cap stocks is down -24.47 points or -1.31%

Looking at the US yield curve:

• 2 year yield 5.039% +9.0 basis points
• 10 year yield 4.019% +7.6 basis points

Looking at other markets:

• Crude oil is now down $0.18 or -0.22% at $71.63
• Gold is down $2.14 or -0.11% at $1912.50
• Bitcoin is back below $31,000 at $30,549