Dow Jones Futures Up 0.16% Amid Rising Treasury Yields

Published on Β· Source: cnbc.com

Dow Jones Futures Up 0.16% Amid Rising Treasury Yields

AI Summary

Summarized by AI from the source below

Stock futures rose slightly on Tuesday, with Dow Jones Industrial Average contracts increasing by 0.16% and S&P 500 futures matching this rise. Nasdaq-100 futures were higher by 0.26%. However, the 30-year Treasury bond yield exceeded 5.6%, the highest level since June 2002, while the 10-year yield approached a 2007 high near 5.3%. These increases led to declines in major indexes during the previous trading session, and traders are now focusing on the upcoming Personal Consumption Expenditures price index, with expectations of a 0.3% increase for August.

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