Stock indexes showed mixed performance today, with the S&P 500 up +0.08%, Dow Jones up +0.54%, and Nasdaq down -0.56%. Super Micro Computer saw a +15% increase, while Advanced Micro Devices dropped -13% due to weak Q1 sales forecast. Market sentiment improved post the US government shutdown resolution, but concerns over US labor market lingered.

The Treasury announced $125 billion in T-notes and T-bonds sales for next week, maintaining auction sizes. US MBA mortgage applications fell -8.9% last week, with a 3 bp drop in average 30-year fixed rate mortgage. Market focus remains on earnings, economic news, and the government shutdown resolution. Overseas stock markets show mixed results.

European government bond yields varied, with German bund down -2.2 bp and UK gilt up +0.3 bp. Eurozone CPI and PMI data were revised downward, signaling slowing growth. Swaps show a 1% chance of a +25 bp rate hike by the ECB. US stock movers include Super Micro Computer, MGM Resorts, Sonos, Fortive Corp, Lumentum, and more.

Earnings season continues, with 150 S&P 500 companies reporting this week. Positive earnings trend seen, with S&P earnings growth expected to rise by +8.4% in Q4. Markets reflect a 10% chance of a -25 bp rate cut in March. Overseas markets are mixed, with Euro Stoxx 50 up +0.11%, Shanghai Composite up +0.85%, and Nikkei Stock 225 down -0.78%.

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