U.S. equities are under pressure: the S&P 500 -0.69% at 7,692, the Nasdaq -1.33% at 26,290, the Dow -0.22% at 53,343. The VIX sits at 15.8 (+4.3% today), inside its normal range.
The 10-year Treasury yield is easing at 4.71% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 99.7 (+0.0%). Elsewhere: gold down 0.6% at $4,390/oz; WTI crude down 0.1% at $84.42/bbl; Bitcoin at $64,559 (+0.1%).
Among big names, CRM leads gainers at +2.71%, while INTC lags at -6.58%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.