U.S. equities are mixed: the S&P 500 -0.17% at 7,723, the Nasdaq -0.83% at 26,363, the Dow +0.49% at 54,349. The VIX sits at 15.5 (-6.1% today), inside its normal range.
The 10-year Treasury yield is easing at 4.62% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 99.7 (-0.2%). Elsewhere: gold up 5.2% at $4,309/oz; WTI crude down 0.9% at $75.12/bbl; Bitcoin at $64,824 (+1.2%).
Among big names, DIS leads gainers at +3.66%, while AMD lags at -7.04%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.