Less Than 1/3 Of S&P 500 Stocks Are Outperforming The Index Itself

Equity volatility seems too low in light of the recession risk and debt ceiling "D-Day," notes Liz Ann Sonders. She recaps earnings season so far, saying that it's fine but it's still early. She also mentions that the correlation between bond yields and stock prices are back in negative territory. She also looks at jobless claims for the week of April 15. She goes over how less than a third of the S&P 500 stocks are outperforming the index itself over the past month, and futures and lower as earnings weight on the markets. Finally, she discusses why financials are still struggling to rebound. Tune in to find out more about the stock market today.