US Futures Ease as Investors Weigh Yields and Earnings Calendar
Dow contracts were nearly flat while S&P 500 futures slipped, with bond yields and upcoming company results in focus.
Key takeaways
- S&P 500 futures fell 0.1% in Monday premarket trading, while Dow futures were roughly flat.
- The 10-year Treasury yield stood at 5.28%, and Brent crude futures traded above $100 per barrel.
US stock futures edged lower Monday, with Dow contracts roughly flat and S&P 500 futures down 0.1%. Nasdaq-100 futures also moved into negative territory.
Investors were weighing rising bond yields and the start of earnings season. Monday’s calendar includes purchasing managers’ index readings from S&P Global and the Institute for Supply Management. Later this week, Levi Strauss, Applied Digital, PepsiCo and Delta Air Lines are due to report results.
The 10-year Treasury yield was at 5.28%, while Brent crude futures traded above $100 a barrel, putting investors on edge. Yet the S&P 500 closed Friday less than 1% below its record, and the Nasdaq Composite was near an all-time high after a weak jobs report reduced expectations for a Fed rate hike this year.
This article was produced with the help of AI technology. Source: Yahoo Finance
