Stocks Pressured by Higher Bond Yields and Weakness in Chipmakers

The S&P 500 Index ($SPX) (SPY) today is down -0.64%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%.  December E-mini S&P futures (ESZ25) are down -0.70%, and December E-mini Nasdaq futures (NQZ25) are down -1.15%. US stock indexes are moving lower today as most of the optimism over the reopening of the US government has already been priced in. Higher T-note yields today are a drag on stocks, with the 10-year T-note yield up +4 bp to 4.1 ...