Mostly Mixed and Little Changed: Semis Provide Support, While Mega Caps Drag on the Market, And Yields Trend Higher

Continued mega cap weakness overshadows broader market participation. In the meantime, yields are quietly creeping higher after having held key support. Averages SP-500 -0.3%, Dow +0.3% (Transports +1.3%), NASDAQ-100 -0.3%, Small Caps +1.1% Price action isn’t particularly notable beyond early strength being rapidly faded. (1M) If there is anything notable, it’s price and the $7500…

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