U.S. equities are under pressure: the S&P 500 -0.44% at 7,552, the Nasdaq -0.01% at 25,978, the Dow -1.21% at 51,463. The VIX sits at 17.9 (+3.8% today), inside its normal range.
The 10-year Treasury yield is climbing at 5.01% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 100.2 (+0.6%). Elsewhere: gold down 0.5% at $4,313/oz; WTI crude down 3.7% at $101.90/bbl; Bitcoin at $75,947 (+0.4%).
Among big names, INTC leads gainers at +4.03%, while COIN lags at -4.42%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.