- Another volatile session has seen a modest rally quickly reverse and turn lower, led by the Nasdaq (QQQ -1.8%). The S&P 500 (SPY -1.1%) and Dow (DIA -0.7%) are also in the red now.
- The move in stocks is matching that of oil (USO -1.9%), which earlier on bullish inventory news rallied to $39 per barrel, but is now off 1% on the session to $37.12.
- Treasury yields are following along, with the 10-year Treasury now at 2.23% after hitting 2.27% earlier. TLT -0.25%, TBT +0.5%