Nasdaq down -0.41%. Dow 5 day up streak in jeopardy
The major US stock indices are starting to head back lower.
- The S&P is down -10.5 points or -0.37%
- The Nasdaq is down -30.5 points or -0.40%
- The Dow is down -105 points or -0.42%
Amazon is trading down -0.92%.
Microsoft is down -0.57% before earnings after the close.
Banks are lower as well today as they follow the yields.
- JP Morgan is down -1.42%
- Citigroup is down -1.21%
The 2 year yield is down -1.9 bps and the 10 year yield is down -2.8 bps. The 2-10 spread is trading at 25 bps.