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.