S&P 500 futures hold steady as stocks pull back, investors monitor bond yields and inflation

From Google: 2024-10-07 19:31:00

S&P 500 futures remain steady as stocks pull back at beginning of the new week. The Dow closed 150 points lower last Friday amid rising bond yields. The 10-year Treasury yield hit its highest level in a year. Retail sales data for January also expected to be released. Tech and energy sectors among the biggest losers in Friday’s trading session. Investors keeping an eye on rising bond yields and inflation fears. Economic recovery optimism still strong despite recent market volatility. Fed chair Powell to testify before Congress later this week on monetary policy.



Read more at Google: S&P 500 futures are little changed after stocks pull back to start new week: Live updates – CNBC