Stocks Mostly Down as Yields Climb; Chipmakers Buck Trend
• Market indices were lower, with the Dow down -0.62% and Nasdaq down -0.19%, although chipmakers like AMD and NVIDIA saw gains • 10-year bond yields crept back above 4% to 4.06% • Interactive Brokers reported mixed Q4 results, with earnings missing expectations but revenues beating • Synopsys is acquiring engineering software firm ANSYS for $35B in cash and stock • Economic data and earnings from Schwab, Prologis, and Alcoa due tomorrow