S&P 500 Futures Waver as Investors Sell Bonds, Tech Stocks

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Stock futures wobbled as investors sold bonds and richly valued tech stocks

U.S. stock futures wobbled as investors sold down government bonds and richly valued technology stocks that had powered higher in a low-yield environment.

Futures tied to the S&P 500 wavered between gains and losses, indicating that the broad market gauge could be choppy after the New York opening bell. Dow Jones Industrial Average futures edged 0.2% higher. Nasdaq-100 futures retreated 0.5%, suggesting thatIn bond markets, the yield on the 10-year Treasury note rose to 1.772%—near its highest level in more than 14 months—from 1.721% Monday.

 

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