A Peek Into The Markets: US Stock Futures Down As Yields Gain
Pre-open movers U.S. stock futures traded lower in early pre-market trade as Treasury yields surged again. The Nasdaq climbed more than 300 points in the previous session after President Biden signed the $1.9 trillion covid-19 relief package. Investors are awaiting earnings reports from Buckle Inc (NYSE: BKE ) and Kirkland's, Inc. (NASDAQ: KIRK ). The Producer Price Index for February is scheduled for release at 8:30 a.m. ET, while the University of Michigan's consumer sentiment index for March will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 28 points to 32,451.00 while the Standard Poor’s 500 index futures fell 25 points at 3,911.75. Futures for the Nasdaq 100 index dipped 246.75 points to 12,801.50. The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 29,286,140 with around 530,820 deaths. India reported a total of at least 11,308,840 confirmed cases, while … Full story available on Benzinga.
A Peek Into The Markets: US Stock Futures Down As Yields Gain
Pre-open movers U.S. stock futures traded lower in early pre-market trade as Treasury yields surged again. The Nasdaq climbed more than 300 points in the previous session after President Biden signed the $1.9 trillion covid-19 relief package. Investors are awaiting earnings reports from Buckle Inc (NYSE: BKE ) and Kirkland's, Inc. (NASDAQ: KIRK ). The Producer Price Index for February is scheduled for release at 8:30 a.m. ET, while the University of Michigan's consumer sentiment index for March will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average dropped 28 points to 32,451.00 while the Standard Poor’s 500 index futures fell 25 points at 3,911.75. Futures for the Nasdaq 100 index dipped 246.75 points to 12,801.50. The U.S. has the highest number of COVID-19 cases and deaths in the world, with total infections in the country exceeding 29,286,140 with around 530,820 deaths. India reported a total of at least 11,308,840 confirmed cases, while … Full story available on Benzinga.