US markets point to more losses as Treasury yields hover near two-decade highs, energy prices rise
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By YURI KAGEYAMA, AP Business Writer
NEW YORK (AP) — U.S. markets are pointing to a third day of consecutive losses after a remarkable surge in Treasury yields this week continues, as does a rebound in energy prices.
Futures for the S&P 500 fell 0.54% Thursday. Futures for the Dow Jones Industrial Average slipped 154 points, or 0.54%, while the Nasdaq composite sank 0.92%.
Stocks came under significant pressure late Wednesday when the 10-year Treasury jumped to 5.14% from 4.96%, a substantia
NEW YORK (AP) — U.S. markets are pointing to a third day of consecutive losses after a remarkable surge in Treasury yields this week continues, as does a rebound in energy prices.
Futures for the S&P 500 fell 0.54% Thursday. Futures for the Dow Jones Industrial Average slipped 154 points, or 0.54%, while the Nasdaq composite sank 0.92%.
Stocks came under significant pressure late Wednesday when the 10-year Treasury jumped to 5.14% from 4.96%, a substantia
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