Dow futures slump as yields soar; major tech earnings in focus

Investing.com -- U.S. stock futures weakened Monday, weighed by soaring bond yields and as investors warily awaited the release of quarterly earnings from a number of the major tech giants.However, yields have shot up once more Monday, with the 10-yield reaching 5.025%, as investors have become very wary about the potential for rates staying high for longer, particularly after Fed Chair Jerome Powell mentioned the possibility of more monetary tightening in a speech last week.

That said, Israel has amassed forces around Gaza for a planned ground invasion to eliminate the Islamist group, and it’s this ground attack which is widely seen as a potential trigger for widening the Israel-Hamas conflict, potentially causing disruption to the world's biggest oil-supplying region.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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.

Dow futures lift, major tech earnings in focusDow futures lift, major tech earnings in focus
Source: Investingcom - 🏆 450. / 53 Read more »

US Stocks Stage Big Rally, Erase 600 Point Drop in DowWall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile…
Source: NBCNewYork - 🏆 270. / 63 Read more »

Japanese stocks fall for third sessionSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »