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.
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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.
By Niket Nishant and Utkarsh HathiU.S. stock index futures slipped on Tuesday, extending a weak run as elevated bond yields and higher oil prices kept investors at bay at the start of a historically weak month for equities.A sharp increase in rate-hike bets has soured sentiment in recent session…