Equities start September under pressure as yields and oil rise
Stocks opened September lower as global bond yields climbed alongside rising oil prices, pulling risk sentiment. Nasdaq-100 futures led the decline, down more than 1% as tech struggled.
September is living up to its infamous reputation, at least on day one.Bond yields around the world followed rising oil prices and moved back to multiyear highs on Tuesday, pressuring equities.
Nasdaq-100 futures led the way lower for stocks, losing more than 1% as tech struggled.
Dow Jones Industr…