U.S. equities are under pressure: the S&P 500 -0.58% at 7,674, the Nasdaq -0.32% at 26,421, the Dow -1.17% at 52,788. The VIX sits at 15.5 (+1.2% today), inside its normal range.
The 10-year Treasury yield is climbing at 4.81% — the number behind mortgage rates and Washington's interest bill. The dollar index is at 98.8 (-0.3%). Elsewhere: gold down 0.5% at $4,407/oz; WTI crude up 2.4% at $93.71/bbl; Bitcoin at $78,440 (-0.8%).
Among big names, INTC leads gainers at +9.05%, while CRM lags at -3.88%. Rate moves and energy prices feed straight into the political fight over inflation — match this against the headlines above.