[BRIEFING.COM] Many stocks are moving lower after the 10-yr yield hit a new intraday high at 4.38%, its highest level in three weeks.
Losses are fairly limited at the index level. The S&P 500 sports a 0.1% decline and the Dow Jones Industrial Average shows a 0.1% decline.
Meanwhile, the equal-weighted S&P 500 trades down 0.3%.