Major indexes are lower amid a rise Treasury yields. Additionally, today's JOLTs report showed strong August job openings.
Portfolio Pulse from Bill Haddad
Major indexes are down due to a rise in Treasury yields. The JOLTs report also showed strong job openings for August.

October 03, 2023 | 3:08 pm
News sentiment analysis
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NEGATIVE IMPACT
The Dow Jones Industrial Average ETF (DIA) may be negatively impacted by the rise in Treasury yields.
Rising Treasury yields often lead to a decrease in stock prices as investors may shift their investments from equities to bonds. This could negatively impact the DIA ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
The Russell 2000 ETF (IWM) may be negatively impacted by the rise in Treasury yields.
Rising Treasury yields often lead to a decrease in stock prices as investors may shift their investments from equities to bonds. This could negatively impact the IWM ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
The NASDAQ 100 ETF (QQQ) may be negatively impacted by the rise in Treasury yields.
Rising Treasury yields often lead to a decrease in stock prices as investors may shift their investments from equities to bonds. This could negatively impact the QQQ ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
The S&P 500 ETF (SPY) may be negatively impacted by the rise in Treasury yields.
Rising Treasury yields often lead to a decrease in stock prices as investors may shift their investments from equities to bonds. This could negatively impact the SPY ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75