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U.S. stock futures increase
U.S. stock futures continued their rise despite intense selling in the global bond market and rising diesel costs, amid investor optimism about corporate earnings and a booming artificial intelligence sector. The Nasdaq 100 index increased by 0.1%, after the Nasdaq Composite reached a new all-time high, supported by stocks like Nvidia and other technology companies hitting unprecedented historic levels. Futures for the Dow Jones and S&P 500 also rose, with the S&P 500 approaching a new record high by less than 1%. The yields on 10-year Treasury bonds reached 5.31%, the highest in 24 years, while 30-year Treasury yields stood at 5.66%, the highest since 2002. This comes amid strong earnings reports from technology companies, with Nvidia's market value nearing $6 trillion, as attention shifts to the earnings results of Constellation Brands and Lamps Westone Holdings, scheduled for today.
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