S&P: “.. interest payments are consuming a larger share of US corporate earnings as benchmark rates remain higher for longer.” @SPGMarketIntel 🇺🇸 pic.twitter.com/WVYvutf63k

B of A desk: ".. Since the close 6/14, $NVDA had fallen 10.4% through last night. Would you have bet $SPX would be +30bps over that time frame?"

Mixed bag so far for regional Fed manufacturing indexes ... Philadelphia (orange) moved lower but is still in expansion; Empire (blue) and Dallas (white) moved up but are still in contraction pic.twitter.com/CTuwzlRSGw

The large cap S&P 500 is outperforming the small cap Russell 2000 by more than 15% this year, the biggest outperformance we've seen since 1998. bilello.blog/newsletter pic.twitter.com/SoA4aFRHbN