Futures inch lower as Treasury yields surge, earnings in focus

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Explore stories from Atlantic Canada.

Masstown farmer launches pumpkins over a kilometre for charity | SaltWire - U.S. futures fell on Friday as the yield on 10-year government bonds surged following the hawkish tone by Federal Reserve Chair Jerome Powell, while investors awaited earnings reports from companies.

Tech-heavy Nasdaq closed 1% lower, while Wall Street's main indexes were set for their first weekly declines in three. Investors will now shift their focus to companies reporting quarterly results, including American Express, Comerica and Schlumberger, among others. Markets will also monitor developments in the Middle East conflict and chances of an escalation in the region.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US futures reach for gains amid surging Treasury yields: Stock market news todayInvestors were treading carefully as the US 10-year yield nudged 5%, with more earnings and a speech by the Fed's Jerome Powell in focus.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »