1. The S&P 500 reached two new record highs but also experienced its worst day of the year within the same week. 2. The index is now 2.13% below its record close from February 19th, 2025, and is up 2.46% year-to-date. 3. The U.S. Treasury set the closing yield on the 10-year note at 4.42% and the 2-year note at 4.19% as of February 21st.