Futures under pressure as earnings loom; yields rise

- U.S. stock index futures fell on Tuesday, as a selloff in bonds pushed Treasury yields higher, pressuring rate-sensitive stocks, while investors awaited a deluge of corporate earnings for a clearer market direction.

The yield on the benchmark 10-year note rose as high as 4.222%, continuing a steady climb higher since early October, after a bumper jobs report led investors to dial back expectations for monetary policy easing through the year. The primary focus, however, remained on corporate earnings, with more than 100 companies set to report this week.

"Earnings season will also provide useful information on the US economy and consumer spending, the global growth slowdown, and the breadth of earnings growth outside of the mega-cap names." The 24-year-old was accused of being involved in two shootings in less than a week before he was fatally shot by police on September 5 2022.LONDON, October 22, 2024-- DMO-TAS031/3362/002The Minster Building21 Mincing LaneLondonEC3R 7AGT 020 7862 6500F 020 7862 6509www.dmo.gov.

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