Stock market futures fall as oil rises, reviving inflation worries
FROM THE WIRE · FINANCE.YAHOO.COM
US stock futures pulled back in premarket trading on Thursday as the market was caught in a tug-of-war between earnings optimism and revived inflation concerns. Futures on the Dow Jones Industrial Average (YM=F) fell 0.6%, and the S&P 500 (ES=F) dropped 0.3%, while contracts for…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishEquity futures retreat as oil prices rise and Treasury yields remain near multidecade highs, stoking inflation concerns.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Dow Jones futures fell 0.6%, S&P 500 dropped 0.3%, and Nasdaq-100 retreated 0.4% in premarket trading.
- 02Treasury yields remain elevated: 10-year at 5.28% and 30-year at 5.66%.
- 03Federal Reserve unanimously decided to raise rates in September, citing persistently high inflation.
- 04Markets on edge as global bond rout continues and inflation concerns persist.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Dow Jones Industrial Average51,179.87Market closedtoday -0.66%Negative S&P 5007,801.77Market closedtoday -0.22%Negative NASDAQ Composite27,538.69Market closedtoday -0.22%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets