Stocks Are Heading Lower. This Is the Latest Risk Factor.

Market Performance - The stock market is experiencing a lackluster performance, with all three major indexes showing declines, particularly the Nasdaq Composite which fell as much as 0.6% and is currently down 0.4% [1] Bond Yields Impact - The increase in the 10-year Treasury yield to 4.19% from an intraday low of below 4.16% is contributing to the downward pressure on tech stocks, as higher long-dated yields affect their valuations based on future cash flows [2] - Most Treasury yields are up for the day, influenced by the U.S. NAHB Housing Market Index, which slightly increased in December compared to November, indicating stronger housing demand [2]