U.S. equities are trading higher: the S&P 500 +0.70% at 7,490, the Nasdaq +1.00% at 25,374, the Dow +0.53% at 52,486. The VIX sits at 16.0 (-6.5% today), inside its normal range.
The 10-year Treasury yield is climbing at 4.74% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 99.9 (-0.1%). Elsewhere: gold up 0.2% at $4,110/oz; WTI crude up 1.4% at $84.80/bbl; Bitcoin at $62,907 (-2.8%).
Among big names, AMZN leads gainers at +15.14%, while COIN lags at -10.55%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.