Was yesterday just a blip or is the warning shot from the bond market not being heeded? I'm sympathetic to lean towards the latter but I reckon we might have to wait for confirmation from the non-farm payrolls on Friday if anything. 30-year yields in the US briefly clipped the key 5% threshold earlier but are now at 4.97%. It'll be a question of whether US data will help push the next leg of the bond rout and steepening of the curve.
For now though, US stocks are looking poised to bounce back today at least. S&P 500 futures are up 0.5% but it is tech shares leading the way for the most part. Nasdaq futures are up 0.7% while Dow futures are actually flat as we look to the session ahead.
It's still early in the day though as we await Wall Street to enter the fray. In terms of notable data releases, we will only have the JOLTS job openings coming up later.
This article was written by Justin Low at investinglive.com.Hence then, the article about us equities look to bounce back after yesterday s stumble was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( US equities look to bounce back after yesterday's stumble )
Also on site :
- Saudi Arabia to unify LPG gas cylinder prices nationwide from January 2026
- Two dozen killed in Ukrainian strike on Russian New Year’s celebration – governor
- Volunteer in Iran’s Revolutionary Guard reportedly killed during widening protests