Nasdaq 100 was slightly higher but gains were largely driven by NVIDIA and AMD, while most other stocks pulled back. The market is mixed with rotation and uncertainty.

Yields higher on the longer end of the curve. 30 year yield at the 5% level and 20 year yield camped out as well. Further steepening along the curve for the 10 year yield flirting with 4.5% and two-year flirting with almost 4%. All of that due to repricing of expectations around the Fed after CPI report. No rate cuts expected in the near term.