Indices are heading lower, with the Russell 2000 down the most. For commodities, oil rose above $70, and gold fell 1.1%.

The Ten-Year Treasury Yield (TNX) is continuing to rise, up 6.3 basis points.

Bitcoin (BTC) is still trading above the $100,000 level, despite being slightly red today.

Four sectors are marginally in the green, with Utilities (XLU) leading the pack. Communication Services (XLC) is the laggard, followed closely by Materials (XLB).

The breadth on the S&P 500 is dismal, with over 3 times as many decliners as advancers.