US Stock Futures Higher Amid Rising Treasury Yields Ahead of Jobs Data
U.S. stock futures traded higher in overnight trading on Wednesday, as investors awaited the initial jobless claims data due Thursday. Long-dated bond yields surged to multi-decade highs. As of late Wednesday, Dow futures were up 0.07%, S&P 500 futures gained 0.32%, and Nasdaq-100 futures rose.
S. stock futures were higher in overnight trading late Wednesday, even as long-dated Treasury yields climbed to multi-decade highs ahead of Thursday’s initial jobless claims report. m. 32%, and Nasdaq-100 futures were also higher.