🔴 S&P 500 ETF (SPY) is trading 0.7% down today on elevated Treasury yields and inflation concerns

S&P 500 ETF (SPY) is trading at $733.35 (-0.72%) as elevated Treasury yields and inflation worries pressure the broader market.

• The S&P 500 is down 0.69% alongside a weaker Nasdaq as investors remain cautious following Monday’s selloff.
• Persistent yield-driven drag and soft risk sentiment continue to weigh on equities, outweighing the minor relief provided by falling oil prices.