The S&P 500 is up +0.06%, Dow Jones down -0.07%, and Nasdaq 100 up +0.03%. US Q3 GDP rose +4.3%, exceeding expectations. Consumer confidence fell to 89.1. Durable goods orders declined in October. Nov industrial production fell slightly. European bond yields are lower. Stock markets are mixed globally.
T-note prices fell on strong GDP data. T-notes are down -8 ticks with a 10-year yield at 4.196%. Treasury to sell $70B of 5-year notes. The Magnificent Seven stocks are trading higher. Chip stocks are mixed. Cryptocurrency stocks are lower. Miners under pressure. Sable Offshore Corp up +7%. Zim Integrated Shipping Services up +7%.
Read more at Nasdaq: Stocks Little Changed as Fed Rate-Cut Odds Drop after Strong US GDP Report
