Stock Futures Flat Amid 700 Point Dow Decline and Rising Yields

Stock futures were little changed following a sharp pullback on Wall Street, where the Dow Jones Industrial Average fell 700 points, marking its worst day since July 29. The S&P 500 and Nasdaq Composite decreased by 0.9% and 1%, respectively, with the S&P down 1.9% for the week. Long-dated U.S. Treasury yields resumed climbing, affecting investor sentiment amid inflation concerns. Conversely, Ross Stores (ROST) shares rose over 7% after reporting earnings of $2.06 per share on better-than-expected revenue, highlighting positive corporate performance amidst market volatility.