U.S. stock futures edge higher; Treasury yields tick up
U.S. stock futures edged higher as oil prices fell. Treasury yields largely rose as investors brace for more rate hikes. AI and semiconductor-linked stocks gained across Asia and Europe.
Story updates
12:52:42 PM UTC
SquawkNews
US stock market today: Nasdaq futures rise, Dow slips; Oil prices ease
S. stock futures edged higher as oil prices fell, while Treasury yields mostly moved up as investors braced for more rate hikes ahead. Momentum remained behind artificial-intelligence stocks, with chipmakers in Asia gaining and AI supply-chain names rallying in Europe. Semiconductor stock…