Major indices are mixed, with the NASDAQ showing relative resilience, down only 0.05%, while the Dow Jones lags, falling 0.59%.
Defensive sectors are underperforming, with Consumer Staples and Materials down 0.99% and 1.28%, respectively, as investors favor growth areas like Tech, up 0.13%.
The 10Y Yield is up 1.26% to 4.60, potentially weighing on equity markets, while the VIX is down 0.48% to 18.65, indicating reduced volatility expectations.
MSFT and GOOGL are leading the tech sector higher, up 2.23% and 1.61%, respectively, while TSLA and AAPL weigh on the group, down 2.75% and 2.12%.
ETH-USD is on the watchlist, up 1.08% to $1,924.08, as cryptocurrency markets show signs of life, potentially influencing broader market sentiment.