SPY is trading at $762.48, down -0.23%, as elevated Treasury yields weigh on broad equities.

  • The 10-year Treasury yield was near multidecade highs.
  • August job openings fell to 7.08 million, below forecasts, adding uncertainty about labor demand and growth.
  • Softer-than-expected August PCE inflation offered some support but did not offset yield concerns and labor-market uncertainty.