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 52,485. The VIX sits at 16.0 (-6.4% 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 99.8 (-0.2%). Elsewhere: gold up 0.2% at $4,107/oz; WTI crude up 1.3% at $84.67/bbl; Bitcoin at $63,380 (+1.0%).
Among big names, AMZN leads gainers at +15.32%, while COIN lags at -10.59%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.