Markets tread water as yields rise and oil tops $90

1 min read
Source: CNBC
Markets tread water as yields rise and oil tops $90
Photo: CNBC
TL;DR Summary

Stock futures hovered near flat after a down day, as higher bond yields and oil above $90 weighed on equities; the Nasdaq led declines with about a 1% drop, and the Dow/S&P 500 were near session lows following a third straight negative day. The 10-year Treasury yield climbed to its highest since early 2025 amid a global selloff. Investors await ADP payrolls, factory data, and the Fed Beige Book, while after‑hours reports from Hewlett Packard Enterprise, Snowflake, and Broadcom roll in and Dell, MongoDB, and Credo Technology showed movement.

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