U.S. equities are mixed: the S&P 500 -0.06% at 7,753, the Nasdaq -0.32% at 26,605, the Dow -0.11% at 53,976. The VIX sits at 15.4 (+3.6% today), inside its normal range.
The 10-year Treasury yield is climbing at 4.70% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 99.8 (+0.2%). Elsewhere: gold up 2.6% at $4,452/oz; WTI crude up 5.0% at $82.08/bbl; Bitcoin at $63,969 (-1.4%).
Among big names, CVX leads gainers at +4.48%, while INTC lags at -4.06%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.