The #Dow Jones Industrial Average is now down 600 points on the day after a hotter than expected inflation reading.

The S&P 500 is down nearly 90 points and has erased ~$700 billion of value today.

Meanwhile, markets have removed TWO interest rate cuts from their forecast since January 1st.

Higher for longer is back.

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**Mixed Close for US Stock Indices** 📈📉: The three major U.S. stock indices wrapped up with a mixed performance:
- S&P 500: -0.17%
- NASDAQ: +0.27%
- Dow: -0.58% 🇺🇸📊 #StockMarket #S&P500 #NASDAQ #Dow 📉📈

**Stocks Slip in U.S.** 📉: The three major U.S. stock indexes open with declines:
- S&P 500: -0.48%
- NASDAQ: -0.43%
- Dow: -0.52% 📊🇺🇸 #StockMarket #S&P500 #NASDAQ #Dow 📈📉

#US Stock Exchanges Closed

#S&P500 : -1.11%
#Nasdaq : -0.77%
#Dow : -1.24%
*US 10Y Bond Rate -4.47%
*US Dollar Index -0.51%

#crypto2023

#Bitcoin +7.30% 🫡

#Gold is up another $45 so far today, trading at $1,965. As I've been forecasting, gold stocks are no longer following the #StockMarket lower (#Dow down 400) but are following the metal higher ($GDX up 3.5%). Investors are figuring out #bank #bailouts means higher #inflation.