U.S. equities are under pressure: the S&P 500 -0.58% at 7,686, the Nasdaq -0.64% at 26,371, the Dow -0.72% at 53,186. The VIX sits at 15.0 (+3.2% today), inside its normal range.
The 10-year Treasury yield is climbing at 4.76% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 99.4 (+0.3%). Elsewhere: gold up 0.4% at $4,498/oz; WTI crude up 3.1% at $85.95/bbl; Bitcoin at $78,886 (+1.6%).
Among big names, TSLA leads gainers at +3.70%, while PYPL lags at -14.32%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.