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US stock futures fall amid rising bond yields
Futures contracts for the S&P 500 and Nasdaq 100 declined due to rising U.S. Treasury yields and increasing oil prices, coupled with a drop in semiconductor stocks and a general decline across most global markets. Conversely, the Dow Jones Industrial Average experienced a slight increase, driven by outstanding earnings results from Home Depot. Meanwhile, the 30-year U.S. Treasury yield reached its highest level in decades at 5.329%, and the price of West Texas Intermediate crude oil rose to $84.88 per barrel. Some analysts suggest that the market still holds growth potential despite current pressures.
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