U.S. equity futures bumped higher Tuesday, thanks to an extended pullback in Treasury bond yield and a modestly softer dollar, as investors look to a crucial day of earnings reports on Wall Street that includes updates from mega-cap tech giants Microsoft
Benchmark 2-year notes, meanwhile, were last seen trading at 5.075%, down around 5 basis points from Monday levels, ahead of a $51 billion auction later in the session. Oil prices inched back above the $90 market in overnight trading as a result, with Brent crude contracts for December delivery rising 18 cents to $90.03 per barrel and WTI futures for the same month adding 15 cents to $85.64 per barrel.
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:
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.
Stock Market Today: 10-Year Treasury Yield Hits 5%This week will bring earnings from several of the 'Magnificent Seven' tech giants
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: 10-Year Treasury Yield Hits 5%Several of the 'Magnificent Seven' tech giants will post earnings this week
Source: WSJ - 🏆 98. / 63 Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%. Benchmarks rose in Tokyo, Sydney, Seoul, Shanghai and Taiwan, but fell in Hong Kong. U.S. futures and oil prices rose.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerAsian shares are mostly higher after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%.
Source: wjxt4 - 🏆 246. / 63 Read more »
Why a 5% Treasury yield sends a gloomy stock-market message right now‘The trade-off between stocks and bonds continues to be the most significant driver for equities broadly’: Jefferies
Source: MarketWatch - 🏆 3. / 97 Read more »