That's exactly what we're seeing during today's session. Of course, when we tend to see a move higher, we do see some pressure on these technology stocks. Now, in terms of Treasury yields, I do want to highlight the move slightly to the upside that we're seeing in the 10-year T-note. So really above that long run average of 20, really underscoring the volatility that we're seeing and the expected volatility going forward in these markets. The CBOE Volatility Index or VIX, which is, of course, an options-based measure of expected S&P 500 volatility for the next 30 days, is spiking above that 33 level. And the Dow Jones Industrial average performing slightly better by comparison, but still down by nearly 11% year to date and 1.6% during today's session.īut again, going back to the intraday price action, I do want to highlight what we're seeing in terms of volatility. Similar story here when we take a look at the year to date gains for the NASDAQ composite, down about 25% at this point. If we take a look at how the indexes performed for the year to date, you can see now down about 15.6%.
And the index is also setting a new low for 2022, just above that 4,000 level. As we can see here, the S&P 500 now down about 2.4% intraday. Emily.ĮMILY MCCORMICK: Well, guys, it is another ugly session across risk assets.
Let's get right to Yahoo Finance's Emily McCormick over at the YFi Interactive.
Video TranscriptīRIAN SOZZI: Welcome back. Yahoo Finance's Emily McCormick breaks down how stocks are moving in intraday trading.
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