Down. You can see the nasdaq down more than a ercent. Not such great action, either, in sectors, sara, with an echo of yesterday as well. Where energy and maybe staples were the only green arrows. Today its energy and utilities. The tenyear yield is back to 43, which is the cycle high. The data we got this morning, also not helpful. Better news for the economy, services came in a little bit stronger. But bad news for investors that are cheering on the whole disinflation story, because services, a key part of whats hot in this economy, could mean that inflation a little bit stickier than we think. And prices paid inside that Services Number also comes in a little bit hotter. Not ideal data for the markets. Well get the beige book later, which summarizes all the different districts across the country and gives a lot of color around inflation in services, like restaurants and theaters and hospitality. Usually a good read well watch that at 2 00. Our next guest, meantime, does expect a mom
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