Stocks rise and 10-year yields fall below 5% on lower oil
U.S. stock futures gained and 10-year Treasury yields fell back below 5% after the Fed’s rate hike, with lower oil prices supporting sentiment.
S. stock futures gained and 10-year Treasury yields moved back below 5% as weaker oil prices helped calm sentiment after the Federal Reserve’s rate increase on Wednesday. Brent crude extended its decline and was near $102 a barrel after media reports pointed to a better-than-expected recovery in Gul…