According to @CNBC, the S&P 500 dividend yield has fallen to its lowest level since the dotcom bubble, highlighting a historically thin income profile for U.S. equities, source: CNBC. This matters for traders because a lower index dividend yield mechanically reflects higher prices relative to dividends, making dividend-based valuation screens less attractive at the index level, source: CNBC. Cross-asset allocators may focus more on equities versus bond carry and sector leadership dynamics as yield scarcity concentrates performance, with potential liquidity implications for high-beta assets including crypto, source: CNBC. Crypto-focused traders can monitor equity breadth, the equity risk premium, and funding conditions to gauge whether equity income scarcity coincides with risk-on or de-risking across digital assets, source: CNBC.

According to @52kskew, the US cash open is very choppy with conflicting moves across Gold versus USD and Bonds versus Equities, indicating messy positioning and elevated intraday noise, source: @52kskew on X, 2025-09-08. The post notes that these kinds of opens typically resolve in late morning or around midday, providing a time window when direction often clarifies for short-term trades, source: @52kskew on X, 2025-09-08.