News Formal

Stock market today: US futures sink as rising Treasury yields rattle nerves

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Treasury Yields News

Dow Futures,Bond Yields,Interest Rates

A spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.

Dow futures sank over 200 points as US stocks waded in the red on Wednesday, after a spike in Treasury yields unsettled investors already weighing whether recent data will shift the needle on interest rates. Futures on the Dow Jones Industrial Average and the S&P 500 both fell 0.6%, coming off a lackluster session. Contracts on the Nasdaq 100 dropped roughly 0.7%.

Those concerns appeared to be eclipsing the hopes for AI growth that lifted the Nasdaq to a record in the slipstream of Nvidia's post-earnings rally. The yield on five-year Treasurys on Tuesday rose to near four-week highs, while the 10-year yield topped the key 4.5% level. On Wednesday, the benchmark yield inched up further to trade around 4.56%.

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:

 /  🏆 47. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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: Stock futures edge higher after biggest wipeout for Dow in a yearRenewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock rally stumbles as consumer sentiment slides to 6-month lowInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock futures gain as rally looks set to continueStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock futures surge after soft jobs report, Apple earnings triumphSurprisingly upbeat Apple earnings were boosting spirits in the wait for the monthly jobs report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »