Stock futures rise as oil losses continue; yields edge higher
U.S. stock futures extended gains in early European trade while oil prices kept falling. Treasury yields largely rose as investors positioned for further rate hikes. AI momentum returned with chip makers in Asia gaining.
S. stock futures extended gains and oil prices continued to fall in early European trade, while Treasury yields mostly moved higher as investors prepared for further rate hikes. Momentum returned to artificial-intelligence stocks, with chip makers in Asia advancing and AI-related shares gaining.