Stocks Show Varied Performance Amid Rising Bond Yields

Market Overview: The S&P 500 and Dow Jones are down slightly, while the Nasdaq is up, with mixed stock index performance influenced by rising bond yields and expectations of a Federal Reserve interest rate cut.

Corporate News: Significant M&A activity is boosting stocks, with Confluent surging over 27% after its acquisition by IBM, and Carvana rising over 7% due to its inclusion in the S&P 500.

Economic Indicators: Upcoming government reports and the FOMC meeting are anticipated to impact markets, with expectations of a 25 basis point rate cut and a focus on job openings and employment costs.

International Markets: Overseas stock markets are generally higher, with notable gains in the Eurozone and Japan, while European bond yields are rising amid positive economic data and expectations of future interest rate increases.