The S&P has now moved into negative territory and is down -8.28 points or -0.15% at 5413. The low has reached 5412.02 so far.
The Nasdaq is holding on to a gain of 24 points, or 0.14%, at 17,632. The Dow Jones Industrial Average is down -265 points, or -0.69%, at 38,447.
The small-cap Russell 2000 index was the hardest hit, down -20.48 points, or -1.0%, at 2,036.42.
The S&P and NASDAQ closed at record levels yesterday. The Dow Jones Industrial Average remains well below its all-time closing high of 40,003.
Short-term yields fell but the 30-year bond yield is now up 0.3 basis points ahead of the 30-year bond auction at 1pm EST.
- The two-year yield is 4.711%, -3.8 basis points
- The 5-year yield is 4.272%, -3.2 basis points
- 10-year yield 4.281%, -1.4 basis points
- The 30-year yield is 4.453%, +0.3 basis points
