U.S. Treasury yields edge lower as markets back Fed inflation plan
Treasury yields slipped slightly in Asian trade, with investors viewing the Fed’s Wednesday hike as supportive of the path to inflation back to target.
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Treasury yields slipped slightly in Asian trade, with investors viewing the Fed’s Wednesday hike as supportive of the path to inflation back to target.
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.
S&P 500 INDEX FUTURES GAIN 0.2%, NASDAQ 100 FUTURES UP 0.5%
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi
Global stocks began the week on a stronger footing as investors bought the dip following last week's selloff, while attention turned to a busy week of central bank speakers and key economic data. S&P 500 futures climbed 0.8%, with the Nasdaq 100 outperforming, up 1.2%, as investors rotated back into growth stocks after