Stock market today: Dow futures rise after index tops 50,000 while Japan vote boosts US bond yields
Fortune • • business
Key Points:
- Futures tied to major U.S. stock indexes rose, with Dow futures up 100 points (0.20%), S&P 500 futures up 0.35%, and Nasdaq futures jumping 0.64%, following a strong Friday rally that pushed the Dow above 50,000 for the first time.
- The 10-year U.S. Treasury yield increased slightly to 4.224%, influenced by rising Japanese yields after Prime Minister Sanae Takaichi’s party won a supermajority, raising concerns about Japan’s fiscal stimulus and its impact on bond markets.
- Gold and silver prices rebounded, rising 1.46% and 3% respectively, while oil futures declined nearly 1%, reflecting mixed commodity market
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