US stock futures rise
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Dow Futures fell by more than 300 points early on Monday, meanwhile 30-year U.S. Treasury bond yields rose past 5%.
U.S. stocks rise, shrugging off data showing consumer have grown gloomier. The S&P 500 scores its fifth straight day of gains.
Of interest, the US 30-year Treasury saw its yield top 5% for the first time since October of 2023 as the market demands a higher yield for higher risk. The US 10-year, which is significant for the US mortgage industry, also saw its yield rise 1.67% to 4.56%, which may increase market flows from equities to bonds.
Stock futures ... S&P 500 futures rose 1.31%, or 75.8 points, while the tech-heavy Nasdaq Composite futures went up 1.71%, or 348.19 points, as of 7:45 p.m. ET. Bessent and US Trade Representative ...
US equity-index futures rose and the dollar strengthened on confirmation of trade talks between the US and China, spurring optimism that trade tensions between the world’s two largest economies may tamp down.
US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested developments in President Trump's tariff salvos.
U.S. stock futures point to a lower open, a day after stocks made a comeback to close higher despite Moody's stripping the U.S. of its top AAA rating.
American markets fell to open the week Monday, reacting to Saturday's news that Moody's Ratings was downgrading U.S. debt.