US futures fall, while benchmark yields pull back from 5%: Stock market news today

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Investors looking to earnings to lift the downbeat mood have yet to find relief, despite strong financial reports.

US stocks slipped ahead of the bell on Friday, with benchmark Treasury yields on the retreat after spiking to 5% in the wake of“The underlying message is 'don’t be looking for a bailout from the Fed anytime soon,'” Greg Whiteley, a portfolio manager at DoubleLine, told Reuters. "That gives people the go ahead to take rates above 5%.”

On Friday, the yield on the 10-year retreated from that key level, dropping to around 4.93%, as part of a broader recovery in fixed-income assets.Also still weighing on shaky markets is the risk of the Israel-Hamas war turning into a wider Middle East conflict, after Israel's defense chief hinted at a ground assault on Gaza at the weekend.US futures pointed Friday to a lower open as the 10-year Treasury yield pulled back from a spike that took it to 5%.

'It's not taxed at all': Warren Buffett shares the 'best investment' you can make when battling inflation — and it doesn't have to cost you a dimeAnalysts and investors wanted information about falling margins and Tesla's price cuts. CEO Elon Musk had other things to say. -- A drumbeat of bad news for Apple Inc. is casting doubt on the argument that the world’s most valuable company is immune to risks related to economic turbulence.

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