Stocks Decline Amid Weak US Economic Reports

Market Performance: Major US stock indexes, including the S&P 500 and Nasdaq 100, are experiencing declines, with the S&P hitting a 2.5-week low amid concerns over a sluggish economy and falling energy prices.

Economic Indicators: Recent US economic reports show a rise in the unemployment rate to a 4-year high, stagnation in retail sales, and a slowdown in manufacturing activity, contributing to market pressures.

Interest Rates and Bonds: The 10-year T-note yield has decreased as economic data suggests a dovish stance from the Federal Reserve, while the yield curve has steepened due to increased purchases of short-term T-bills.

Stock Movements: Energy sector stocks are falling sharply due to declining oil prices, while cryptocurrency-related stocks are rising as Bitcoin gains value; several companies are facing downgrades or negative forecasts impacting their stock prices.