Stocks Mixed as a Plunge in Bond Yields Supports the Broader Market

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What you need to know… The S&P 500 Index ($SPX) (SPY) today is down -0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.24%. U.S. stock indexes this morning are mixed, with the S&P 500 falling to a 2-1/4 month low and the Dow Jones Industrials dropping to a 4-1/2 month low. Turmoil in the U.S. financial sector continues to weigh on bank stocks following the collapse of Silicon Valley Bank last Friday and the closing of Signature Bank of New York on Sunday. A plunge in bond yields today and demand for safety from the U.S. banking…

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